Key Highlights

  • Trinity Capital's $0.17 October monthly dividend has an October 15, 2026 record date and is payable October 30.
  • The company states the monthly distribution is equivalent to the first nine months of 2026, with November and December also at $0.17.
  • Second-quarter net investment income was a record $46.0 million, or $0.51 per basic share, with total investment income of $87.2 million.
  • Net asset value was $13.47 per share versus $13.27 at March 31, and gross investment commitments were $709.0 million.

Trinity Capital's (NYSE:TRIN) $0.17 monthly dividend yields 12.06% and sits beside second-quarter net investment income of $0.51 per basic share. The company declared it on September 16, 2026 for each of October, November and December. Its June declaration for July through September also set monthly dividends of $0.17.

Dividend Program and Shareholder Returns

Trinity Capital's board declared a monthly regular dividend of $0.17 per share for each of October, November and December 2026. The October dividend has a record date of October 15 and is payable October 30. The November dividend is payable November 30 to holders of record November 13, and the December dividend is payable December 31 to holders of record December 11.

The company states this is an equivalent monthly distribution to the first nine months of 2026. On June 17, 2026 the board declared monthly dividends of $0.17 for July, August and September, which the company described as the 27th consecutive quarter of a consistent regular dividend.

About the Company

Trinity Capital describes itself as a leading international alternative asset manager. It is headquartered in Phoenix, Arizona, with five business verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Healthcare and Life Sciences. On July 27, 2026 it transferred the listing of its common stock from the Nasdaq Global Select Market to the NYSE and NYSE Texas under the ticker TRIN.

Financial Performance Behind the Payout

Second-quarter total investment income was $87.2 million, up 25.5% from $69.5 million. Net investment income was a record $46.0 million, or $0.51 per basic share on 90.5 million basic weighted average shares, versus $34.8 million, or $0.53, on 65.9 million shares.

The net increase in net assets from operations was $44.4 million, or $0.49 per basic share. Return on average equity based on NII was 15.2%, and return on average assets was 6.9%. Interest expense was $24.8 million versus $18.0 million.

Net asset value was $13.47 per share versus $13.27 at March 31, and total net assets were $1.3 billion.

Originations, Portfolio and Capital Raising

Total gross investment commitments were $709.0 million, and gross investments funded were $618.7 million, against exits and repayments of $378.3 million. The portfolio had a fair value of approximately $2.7 billion across 190 portfolio companies, with 89.3% of the debt portfolio in first-lien loans. Non-accruals had a fair value of approximately $18.7 million, or 0.8% of the debt portfolio.

The company sold 6,134,888 shares through its equity at-the-market program at a weighted average price of $16.39, raising $99.5 million of net proceeds. Net leverage was approximately 118%, and available liquidity was $430.1 million.

Outlook

Trinity Capital's board has declared monthly regular dividends of $0.17 through December 2026. The company states it may pay supplemental dividends so that it distributes approximately all of its annual taxable income. It reports net leverage of approximately 118% at June 30, 2026.