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Trinity Capital (Trinity Capital) 3-Year Dividend Growth Rate : 96.20% (As of Mar. 2024)


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What is Trinity Capital 3-Year Dividend Growth Rate?

Trinity Capital's Dividends per Share for the three months ended in Mar. 2024 was $0.51.

The historical rank and industry rank for Trinity Capital's 3-Year Dividend Growth Rate or its related term are showing as below:

TRIN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 96.2   Med: 96.2   Max: 96.2
Current: 96.2

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Trinity Capital was 96.20% per year. The lowest was 96.20% per year. And the median was 96.20% per year.

TRIN's 3-Year Dividend Growth Rate is ranked better than
98.96% of 866 companies
in the Asset Management industry
Industry Median: 1.85 vs TRIN: 96.20

During the past 12 months, Trinity Capital's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 96.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Trinity Capital's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.70. As of today, Trinity Capital's Dividend Yield % is 13.98%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Trinity Capital Inc is 1.29, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Trinity Capital's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Trinity Capital's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trinity Capital's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Trinity Capital's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Trinity Capital's 3-Year Dividend Growth Rate falls into.



Trinity Capital 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Trinity Capital  (NAS:TRIN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Trinity Capital's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.51/ 0.3
=1.70

During the past 5 years, the highest Dividend Payout Ratio of Trinity Capital was 1.29. The lowest was 0.27. And the median was 0.68.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Trinity Capital Inc is 1.29, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Trinity Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5100002024-03-272024-03-282024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5000002023-12-282023-12-292024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.5400002023-09-282023-09-302023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.5300002023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Trinity Capital's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.08/14.88
=13.98 %

Current Share Price is $14.88.
Trinity Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.08.

During the past 5 years, the highest Dividend Yield of Trinity Capital was 17.12%. The lowest was 1.79%. And the median was 10.67%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Trinity Capital 3-Year Dividend Growth Rate Related Terms>


Trinity Capital (Trinity Capital) Business Description

Traded in Other Exchanges
Address
1 N. 1st Street, Suite 302, Phoenix, AZ, USA, 85004
Trinity Capital Inc is a closed-end, non-diversified management investment company. The company is engaged in providing debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its equipment financings involve loans for general or specific use, including acquiring equipment, secured by the equipment or other assets of the portfolio company.
Executives
Kyle Steven Brown director, officer: Director, President & CIO C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Richard P Hamada director 2211 S 47TH ST, PHOENIX AZ 85034
Irma Lockridge director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, 3RD FLOOR, PHOENIX AZ 85004
Ronald E. Estes director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Steve Louis Brown director, officer: Chairman and CEO (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Ronald Kundich officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
David Michael Lund officer: Executive VP (1) 525 UNIVERSITY AVENUE SUITE 700, PALO ALTO CA 94301
Gerald Harder officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Michael Zacharia director C/O J. C. PENNEY COMPANY, INC., 6501 LEGACY DRIVE, PLANO TX 75024
Thomas P. Majewski 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Sarah Stanton officer: General Counsel and Secretary C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Scott H Harvey officer: CCO & General Counsel C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Susan Echard officer: CFO, Treasurer & Secretary (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Edmund G. Zito director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226