5 BDC Dividend Stocks for Increased Income

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In this article, we will be taking a look at 5 BDC Dividend Stocks for Increased Income. To read our detailed analysis of dividend investing, you can go directly to see the 10 BDC Dividend Stocks for Increased Income.

5. Trinity Capital Inc. (NASDAQ: TRIN)

Number of Hedge Fund Holders: 13
Dividend Yield: 6.9%

Trinity Capital Inc. (NASDAQ: TRIN), a business development company and venture capital firm, works with venture debt to growth-stage companies that require loans and/or equipment financing. The company ranks 5th on our list of BDC dividend stocks for increased income.

This May, Ladenburg upgraded shares of Trinity Capital Inc. (NASDAQ: TRIN) from Neutral to Buy, with a $17 price target.

In the second quarter of 2021, Trinity Capital Inc. (NASDAQ: TRIN) had an EPS of $0.38, beating estimates by $0.06. The company’s revenue was $19.48 million, beating estimates by $1.7 million. Trinity Capital Inc. (NASDAQ: TRIN) has gained 11.72% in the past 6 months and 8% year to date.

By the end of the second quarter of 2021, 13 hedge funds out of the 873 tracked by Insider Monkey held stakes in Trinity Capital Inc. (NASDAQ: TRIN) worth roughly $23.2 million. This is compared to 12 hedge funds in the previous quarter with a total stake value of approximately $24.2 million.

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