Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ – Get Free Report) shares shot up 0.6% during mid-day trading on Friday after the company announced a dividend. The company traded as high as $25.39 and last traded at $25.35. 5,757 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 25,280 shares. The stock had previously closed at $25.21.
The newly announced dividend which will be paid on Monday, September 30th. Stockholders of record on Sunday, September 15th will be given a dividend of $0.4922 per share. The ex-dividend date is Friday, September 13th. This represents a $1.97 annualized dividend and a dividend yield of 7.77%.
Trinity Capital Inc. 7.875% Notes due 2029 Stock Up 0.6 %
The business has a 50-day simple moving average of $25.24.
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