HTFC - NYSE
Horizon Technology Finance Corp
$24.92
+0.36%Horizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.
At a Glance
Live SnapshotHorizon Technology Finance Corp Dividend History
HTFC Dividend Payment History
Total Payments
16
Latest Dividend
$0.3910
Annual Amount
$1.5625
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
N/A | Jun 15, 2026 | Jun 30, 2026 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Mar 13, 2026 | Mar 30, 2026 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Dec 15, 2025 | Dec 30, 2025 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Sep 15, 2025 | Sep 30, 2025 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Jun 13, 2025 | Jun 30, 2025 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Mar 14, 2025 | Mar 31, 2025 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Dec 13, 2024 | Dec 30, 2024 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Sep 13, 2024 | Sep 30, 2024 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Jun 14, 2024 | Jul 1, 2024 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Mar 15, 2024 | Apr 1, 2024 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Dec 15, 2023 | Jan 2, 2024 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Sep 15, 2023 | Oct 2, 2023 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Jun 15, 2023 | Jun 30, 2023 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Mar 15, 2023 | Mar 30, 2023 | $0.3910 | $0.3910 | Quarterly | 0.00% |
N/A | Dec 15, 2022 | Dec 30, 2022 | $0.3910 | $0.3910 | Quarterly | -15.00% |
N/A | Sep 15, 2022 | Sep 30, 2022 | $0.4600 | $0.4600 | Quarterly | - |
Horizon Technology Finance Corp Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Moderate FCF concern. Most free cash flow goes to dividends, limiting flexibility. Monitor CapEx needs and ensure FCF isn't declining.
Dividend Growth
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Sustainability
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.
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