Trinity Capital Q2 2022 Earnings Report
Key Takeaways
Trinity Capital Inc. reported a total investment income of $33.5 million, a 71.8% increase year-over-year. Net investment income (NII) was $15.7 million, or $0.51 per share, a 55.4% increase year-over-year. The investment portfolio reached $1.05 billion at fair value, a 75.8% increase from Q2 2021.
Total investment income was $33.5 million, up 71.8% year-over-year.
Net investment income (NII) reached $15.7 million, or $0.51 per share, marking a 55.4% year-over-year increase.
Total gross investments funded amounted to $193.8 million.
The investment portfolio's fair value stood at $1.05 billion, a 75.8% increase from Q2 2021.
Trinity Capital
Trinity Capital
Forward Guidance
The Company’s Board of Directors previously expressed the intent to declare equal supplemental cash dividends of $0.15 per share in the third and fourth quarters of 2022 for a total supplemental cash dividends equal to $0.60 per share in 2022, subject to Board of Director approval each quarter.