Horizon Technology Finance Corporation

Horizon Technology Finance Corporation

HRZNยทNASDAQ

$4.43

-1.7%
Financial ServicesAsset Management

Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. It seeks to invest in companies in the United States.

At a Glance

Live Snapshot
Market Cap$195.49M
EPS1.0500
P/E Ratio4.22
Earnings Date08/06/2026
6.65%
Dividend Yield
30%
3Y+134.0%
5Y+224.0%
10Y+141.0%
143.41%
Dividend Payout Ratio
-10%
3Y-16.0%
5Y+51.0%
10Y-103.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Horizon Technology Finance Corporation

Horizon Technology Finance Corporation Dividend History

HRZN ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

HRZN Dividend Payment History

HRZN ยท NASDAQ

Total Payments

50

Latest Dividend

$0.0900

Annual Amount

$1.2200

Frequency

Monthly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 1, 2026
Aug 17, 2026Sep 15, 2026
$0.0900
$0.0900
Monthly0.00%
May 1, 2026
Jul 16, 2026Aug 14, 2026
$0.0900
$0.0900
Monthly0.00%
May 1, 2026
Jun 17, 2026Jul 15, 2026
$0.0900
$0.0900
Monthly+50.00%
Feb 27, 2026
May 18, 2026Jun 16, 2026
$0.0600
$0.0600
Monthly0.00%
Feb 27, 2026
Apr 16, 2026May 15, 2026
$0.0600
$0.0600
Monthly0.00%
Feb 27, 2026
Mar 16, 2026Apr 15, 2026
$0.0600
$0.0600
Monthly-45.45%
Oct 22, 2025
Feb 17, 2026Mar 13, 2026
$0.1100
$0.1100
Monthly0.00%
Oct 22, 2025
Jan 16, 2026Feb 13, 2026
$0.1100
$0.1100
Monthly0.00%
Oct 22, 2025
Dec 17, 2025Jan 15, 2026
$0.1100
$0.1100
Monthly0.00%
Aug 5, 2025
Nov 17, 2025Dec 16, 2025
$0.1100
$0.1100
Monthly0.00%
Aug 5, 2025
Oct 16, 2025Nov 14, 2025
$0.1100
$0.1100
Monthly0.00%
Aug 5, 2025
Sep 17, 2025Oct 15, 2025
$0.1100
$0.1100
Monthly0.00%
Apr 25, 2025
Aug 18, 2025Sep 16, 2025
$0.1100
$0.1100
Monthly0.00%
Apr 25, 2025
Jul 16, 2025Aug 15, 2025
$0.1100
$0.1100
Monthly0.00%
Apr 25, 2025
Jun 16, 2025Jul 15, 2025
$0.1100
$0.1100
Monthly0.00%
Mar 4, 2025
May 16, 2025Jun 13, 2025
$0.1100
$0.1100
Monthly0.00%
Mar 4, 2025
Apr 16, 2025May 15, 2025
$0.1100
$0.1100
Monthly0.00%
Mar 4, 2025
Mar 17, 2025Apr 15, 2025
$0.1100
$0.1100
Monthly0.00%
Oct 25, 2024
Feb 18, 2025Mar 14, 2025
$0.1100
$0.1100
Monthly0.00%
Oct 25, 2024
Jan 16, 2025Feb 14, 2025
$0.1100
$0.1100
Monthly0.00%
Oct 25, 2024
Dec 16, 2024Jan 15, 2025
$0.1100
$0.1100
Monthly0.00%
Jul 30, 2024
Nov 15, 2024Dec 13, 2024
$0.1100
$0.1100
Monthly0.00%
Jul 30, 2024
Oct 17, 2024Nov 14, 2024
$0.1100
$0.1100
Monthly0.00%
Jul 30, 2024
Sep 16, 2024Oct 16, 2024
$0.1100
$0.1100
Monthly0.00%
Apr 30, 2024
Aug 16, 2024Sep 13, 2024
$0.1100
$0.1100
Monthly0.00%
Apr 30, 2024
Jul 17, 2024Aug 15, 2024
$0.1100
$0.1100
Monthly0.00%
Apr 30, 2024
Jun 17, 2024Jul 16, 2024
$0.1100
$0.1100
Monthly0.00%
Feb 23, 2024
May 17, 2024Jun 14, 2024
$0.1100
$0.1100
Monthly0.00%
Feb 23, 2024
Apr 18, 2024May 15, 2024
$0.1100
$0.1100
Monthly-31.25%
Feb 23, 2024
Mar 19, 2024Apr 16, 2024
$0.1600
$0.1600
Monthly+45.45%
Oct 31, 2023
Feb 16, 2024Mar 15, 2024
$0.1100
$0.1100
Monthly0.00%
Oct 31, 2023
Jan 18, 2024Feb 14, 2024
$0.1100
$0.1100
Monthly0.00%
Oct 31, 2023
Dec 19, 2023Jan 16, 2024
$0.1100
$0.1100
Monthly-31.25%
Oct 31, 2023
Nov 17, 2023Dec 15, 2023
$0.1600
$0.1600
Monthly+45.45%
Jul 28, 2023
Oct 18, 2023Nov 15, 2023
$0.1100
$0.1100
Monthly0.00%
Jul 28, 2023
Sep 19, 2023Oct 16, 2023
$0.1100
$0.1100
Monthly0.00%
May 2, 2023
Aug 17, 2023Sep 15, 2023
$0.1100
$0.1100
Monthly0.00%
May 2, 2023
Jul 18, 2023Aug 15, 2023
$0.1100
$0.1100
Monthly0.00%
Apr 28, 2023
Jun 16, 2023Jul 14, 2023
$0.1100
$0.1100
Monthly0.00%
Feb 23, 2023
May 18, 2023Jun 14, 2023
$0.1100
$0.1100
Monthly0.00%
Feb 23, 2023
Apr 18, 2023May 16, 2023
$0.1100
$0.1100
Monthly0.00%
Feb 23, 2023
Mar 17, 2023Apr 14, 2023
$0.1100
$0.1100
Monthly0.00%
Oct 28, 2022
Feb 17, 2023Mar 15, 2023
$0.1100
$0.1100
Monthly0.00%
Oct 28, 2022
Jan 18, 2023Feb 15, 2023
$0.1100
$0.1100
Monthly0.00%
Oct 28, 2022
Dec 19, 2022Jan 13, 2023
$0.1100
$0.1100
Monthly-26.67%
Oct 28, 2022
Nov 17, 2022Dec 15, 2022
$0.1500
$0.1500
Monthly+50.00%
Aug 2, 2022
Oct 18, 2022Nov 15, 2022
$0.1000
$0.1000
Monthly0.00%
Aug 2, 2022
Sep 19, 2022Oct 14, 2022
$0.1000
$0.1000
Monthly0.00%
May 3, 2022
Aug 18, 2022Sep 15, 2022
$0.1000
$0.1000
Monthly0.00%
May 3, 2022
Jul 19, 2022Aug 16, 2022
$0.1000
$0.1000
Monthly-
hrzn

Horizon Technology Finance Corporation Payout Ratio Analysis

HRZN ยท NASDAQ
Dividends Paid
-53.09M
2025
Net Income
45.48M
2025
Payout Ratio
116.75%
2025

Dividend Sustainability Analysis

Payout Ratio
116.75%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
93.8%

Moderate FCF concern. Most free cash flow goes to dividends, limiting flexibility. Monitor CapEx needs and ensure FCF isn't declining.

Dividend Growth
-14.5%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.