Horizon Technology Finance Corporation (NASDAQ:HRZN – Get Free Report) announced a dividend on Tuesday, May 5th. Investors of record on Monday, August 17th will be given a dividend of 0.03 per share by the investment management company on Tuesday, September 15th. The ex-dividend date of this dividend is Monday, August 17th.
Horizon Technology Finance has increased its dividend payment by an average of 0.0%per year over the last three years. Horizon Technology Finance has a payout ratio of 62.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Horizon Technology Finance to earn $0.81 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 88.9%.
Horizon Technology Finance Trading Up 6.3%
Shares of NASDAQ:HRZN traded up $0.27 during mid-day trading on Wednesday, reaching $4.50. The stock had a trading volume of 1,009,387 shares, compared to its average volume of 1,046,501. Horizon Technology Finance has a 1 year low of $3.80 and a 1 year high of $8.46. The business’s 50 day moving average price is $4.55 and its 200 day moving average price is $5.82. The company has a market cap of $214.91 million, a P/E ratio of -27.78 and a beta of 0.99.
Horizon Technology Finance News Summary
Here are the key news stories impacting Horizon Technology Finance this week:
- Positive Sentiment: Board declared regular monthly cash distributions of $0.06 per share for July, August and September 2026, and approved special “spillover” cash distributions (totaling $0.09 for the quarter) — increases near-term cash yield and supports income-focused demand for the stock. Horizon Technology Finance Announces Regular Monthly Distributions for July-August-and-September-2026 Totaling $0.18 per Share and Special Distributions for July-August-and-September-2026 Totaling $0.09 per Share
- Positive Sentiment: Company announced multiple upcoming dividend record/ex-dividend dates (June, July, August, September), with one notice implying an annualized yield around 16.6% — a high yield that can attract income-seeking investors even as NAV/earnings fluctuate.
- Positive Sentiment: Horizon provided a delayed-draw senior credit facility of up to $25 million to Stellar Cyber — deployment of capital into portfolio companies can drive yield and future income if the borrower performs. Horizon Technology Finance Backs Stellar Cyber with Up to $25M Credit Facility
- Neutral Sentiment: Q1 EPS of $0.19 matched consensus estimates — meeting expectations helps limit downside from the print, but it wasn’t a catalyst for a strong positive move by itself. Horizon Technology Finance (HRZN) Q1 Earnings Match Estimates
- Negative Sentiment: Underlying operating detail was weaker: the company reported revenue of ($6.19) million versus analysts’ expectations of $21.09 million and showed a negative net margin (−2.77%) despite positive ROE — these signs of pressure on core income/portfolio realization are a potential headwind for the stock. View Press Release
Horizon Technology Finance Company Profile
Horizon Technology Finance Corporation is a specialty finance company organized as a business development company (BDC) that provides private credit solutions to venture capital and private equity-backed technology, life science and healthcare companies. The firm targets companies at various stages of development, offering secured debt financing structures such as first‐lien and second‐lien loans, as well as equity co‐investment opportunities in select portfolio companies.
Horizon Technology Finance’s investment strategy emphasizes deployment of capital in U.S.‐based enterprises with proven technology, strong management teams and clear paths to growth.
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