Trinity Capital Q3 2022 Earnings Report
Key Takeaways
Trinity Capital Inc. reported a total investment income of $38.7 million, a 77.5% increase year-over-year, and net investment income of $18.6 million, or $0.56 per share, a 67.6% increase year-over-year. The company funded $94.2 million in gross investments and declared a dividend distribution of $0.60 per share.
Total investment income increased by 77.5% year-over-year to $38.7 million.
Net investment income increased by 67.6% year-over-year to $18.6 million, or $0.56 per share.
Total gross investments funded were $94.2 million, including $28.9 million in new portfolio companies.
A dividend distribution of $0.60 per share was declared, consisting of a $0.45 regular dividend and a $0.15 supplemental cash dividend.
Trinity Capital
Trinity Capital
Forward Guidance
Trinity Capital will continue to utilize accretive, innovative growth levers to deploy capital and drive long-term shareholder value as they head into the fourth quarter of 2022.