After Trump’s election win, many financial stocks have been flying high, but I’m still finding a reasonable number of cheap micro-cap community banks that have been left behind. Since early 2015 I’ve slowly built a basket of these small banks. I’ll highlight one more in this post.
Trinity Capital (LON:TRC) has just announced a 5.0p cash distribution per share: Trinity Capital plc announces a distribution to shareholders of 5.0 pence per share, equivalent to approximately £10.5 million (the “Distribution”).
The day after the publication of the post about Trinity Capital the company has announced the completion of the disposal of TC1 and TC5. Proceeds of £8.7m were received by TCML, a wholly owned subsidiary of Trinity
Trinity Capital (LON:TRC) is a company listed on AIM in London that was formed in 2006 with the purpose to invest in Indian real estate and real estate entities. These investments were structured as special-purpose vehicles and joint ventures.