Trinity Capital ( (TRIN) ) has provided an announcement.
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Trinity Capital Inc. achieved a remarkable third quarter in 2024, reporting record total investment income of $61.8 million, a 33% increase year-over-year, driven by strong returns on equity and assets. The company, known for its diversified financial solutions, saw net investment income soar to $29.4 million, or $0.54 per share. With total assets under management reaching $2 billion, up 54% from the previous year, Trinity continues to demonstrate robust portfolio growth and effective portfolio management, resulting in a consistent dividend increase for the 19th consecutive quarter.
For an in-depth examination of TRIN stock, go to TipRanks’ Stock Analysis page.
