Trinity Capital: An 11% Yielding BDC Worth Buying

The Asian Investor 32.99K Followers Follow Summary Trinity Capital stands out among BDCs for consistent portfolio growth and full dividend coverage, defying sector-wide dividend cuts. TRIN’s portfolio value surged 38% year-over-year to $2.73 billion amid strong deal flow, driving net asset value up 1.5% quarter-over-quarter to $13.47 per share. Net investment income of $0.51 per share in the latest quarter fully supported the $0.51 cumulative dividend, maintaining a 100% coverage ratio. TRIN trades at a 35% premium to NAV, justified by strong asset quality, NAV growth, and reliable dividend support. Richard Drury/DigitalVision via Getty Images After a number of private credit platforms that I owned cut their dividends in 2026 due to insufficient net investment income, such as Golub Capital BDC ( GBDC ), FS KKR Capital ( FSK This article was written by The Asian Investor 32.99K Followers Follow I am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon. Analyst’s Disclosure: I/we have a beneficial long position in the shares of TRIN, ARCC, OBDC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.