Defining a cash dividend of $033 per Share for the third quarter of 2021
PHOENIX, Sept. 14, 2021 -- Trinity Capital Inc. (NASDAQ: TRIN) -- a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, This dividend is an increase of 13,8 % from the dividend declared in the prior quarter.
The key dates of the dividend of last quarter 2021 show that the key date of dividend is last.
Declaration date of day
September 13 September 2021
Record date of the recording date.
September 30 - 2021
Pay date of payment. Paypay time
October 15, 2021
The Company's objective is to distribute four quarterly distributions in an amount that approximates 90% to 100% of its taxable quarterly income or potential annual income for a particular year, to qualify for tax treatment as regulated investment company under the Moreover, during any given year, the Company may pay additional supplemental distributions, so that the company distributes approximately all its annual taxable income in the year it was earned, or it will spill over the excess accumulated measurable
The Company's periodic reports filed with the Securities and Exchange Commission give the distributions a tax benefit based on taxable earnings and may include return of capital and/or capital gains. The tax characteristics of the distributed distribution will be reported
About Trinity Capital Inc.
Trinity Capital (Nasdaq: TRIN), an internally managed specialty lending company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended, is based in North America The aim of Trinity's investment is to generate current income and capital appreciation through investments consisting of primary term loans and equipment financings and, in a lesser extent, working capital loans, equity and equity-related investments. Trinity believes that one of only a select group of specialty lenders has the knowledge, experience and track record in lending to growth stage companies.
Statements with a view to the future include forward-looking statements.
This press release may contain "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. The impact of the COVID 19 pandemic on the economy, the financial markets, our business, we portfolio companies and our industry. Statements other than historical statements included in this press release may be forward-looking statements, and are Depending on a number of factors, such as those described in filings with the Securities and Exchange Commission ("SEC"), actual results may differ materially from those of the forward-looking statements. The Company undertakes no obligation to update any forward-looking statement herein. All forward-looking statements speak only when the press release date. The Company's filings with the SEC include the "Risk Factors" and the sections "An Analysis of the Financial Condition and Results of Operations" section of its most recent Annual Report.
Contact me Vibhor Garg, Director, Marketing Trinity Capital, Inc. [email protected]
SOURCE Trinity Capital Inc.