Trinity Capital: My Favorite BDC Right Now
Portfolio Pulse from
Trinity Capital is highlighted as a strong BDC due to its diversified asset mix, floating-rate exposure, and consistent dividend coverage. It offers a 14% yield with potential for a 2% dividend hike in 2Q25. The company's net investment income increased by 26% YoY in 3Q24, driven by new originations and higher interest rates.
January 13, 2025 | 11:30 am
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Trinity Capital is positioned as a strong BDC with a 14% yield and potential for a 2% dividend hike in 2Q25. Its net investment income rose 26% YoY in 3Q24, supported by new originations and higher interest rates.
Trinity Capital's strong dividend yield and potential for a dividend hike make it attractive in a high-rate environment. The significant YoY increase in net investment income indicates robust financial health and growth potential, likely boosting investor confidence and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100