Overview
Description
Trinity Capital Inc. 7.875% Preferred Stock is a type of fixed-income security that holds a significant position within the company's capital structure hierarchy. Preferred stocks like this one provide a set dividend rate, in this case, 7.875%, which is paid out before any dividends are distributed to common stockholders, offering investors a level of income stability. This particular preferred stock can be a vital component for those looking into income-oriented financial instruments. Trinity Capital Inc., known for its role in venture debt and equipment financing solutions, primarily focuses on supporting growth-stage companies across a variety of industries. By issuing preferred stocks, Trinity Capital Inc. can raise capital while offering investors a hybrid instrument that sits between bonds and common equity, balancing between a steady income potential and some exposure to equity-like features. The preferred stock is crucial for risk-averse investors prioritizing income reliability while still wanting partial equity participation in the company's growth.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
XNGS