Trinity Capital (Trinity Capital) Dividend Payout Ratio : 1.70 (As of Mar. 2024)

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What is Trinity Capital Dividend Payout Ratio?

Trinity Capital's dividend payout ratio for the months ended in Mar. 2024 was 1.70.

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.

The historical rank and industry rank for Trinity Capital's Dividend Payout Ratio or its related term are showing as below:

TRIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.68 Max: 1.29
Current: 1.29

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.

TRIN's Dividend Payout Ratio is ranked worse than
74.71% of 949 companies
in the Asset Management industry
Industry Median: 0.81 vs TRIN: 1.29

As of today (2024-05-12), the Dividend Yield % of Trinity Capital is 13.98%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Trinity Capital Dividend Payout Ratio Historical Data

The historical data trend for Trinity Capital's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Trinity Capital Dividend Payout Ratio Chart

Trinity Capital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.27

1.08

Trinity Capital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial												0.78	1.02	1.35	1.28	1.70

Competitive Comparison of Trinity Capital's Dividend Payout Ratio

For the Asset Management subindustry, Trinity Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Trinity Capital's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Trinity Capital's Dividend Payout Ratio falls into.

Trinity Capital Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Trinity Capital's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.04	/	1.89
	=	1.08

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

Trinity Capital (NAS:TRIN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Trinity Capital Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Trinity Capital's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Trinity Capital (Trinity Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trinity Capital Inc (NAS:TRIN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

9F7:Germany 9F7:Germany

Address

1 N. 1st Street, Suite 302, Phoenix, AZ, USA, 85004

Website

https://www.trinitycap.com

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