Trinity Capital Inc., a provider of diversified financial solutions to growth-stage companies, has announced an increase in its quarterly dividend. The Board of Directors declared a cash dividend of $0.53 per share for the quarter ending June 30, 2023. This dividend includes a regular quarterly dividend of $0.48 per share and a supplemental cash dividend of $0.05 per share, representing a 2.1% increase over the previous quarter's regular dividend.

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Supplemental Dividend to Comply with Tax Requirements

To comply with regulated investment company tax requirements for distributing undistributed taxable income from fiscal 2023, Trinity Capital's Board of Directors has authorized a supplemental cash dividend. This supplemental dividend will be paid out of the company's undistributed taxable income as of December 31, 2022, which represents taxable income in excess of dividends paid.

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Key Dates for Dividend Distribution

The following key dates are important for the distribution of both the regular and new supplemental dividend for the quarter ending June 30, 2023:

• Declaration Date: June 14, 2023
• Record Date: June 30, 2023
• Payment Date: July 14, 2023