HTGC Dividend History & Analysis | 9.3% Yield

HTGC has a dividend yield of 9.3% and paid 1.6 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.25%
Payout Ratio 83.3%
Growth Rate CAGR 5y 0.80%
Consistency Lifetime 93.2%
Yield on Cost 5y 16.23%
Payout FCF -
Streak Years 1
Dividend Rating 53.28%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Yield (right) ■ Price (left) ┅┅ Avg Yield

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECC 496 M 27.35% 41.70%
ECAT 1,382 M 22.10% 39.79%
BCAT 1,467 M 22.19% 38.18%
OXSQ 159 M 20.73% 23.76%
MSIF 573 M 10.63% 43.77%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
FSCO 1,023 M 105.43% 90.0%
OPFI 655 M 108.33% 100.0%
OWL 13,794 M 60.14% 100.0%
NOAH 784 M 70.15% 24.1%
BXSL 5,503 M 55.26% 90.8%
Quality Dividend Peers in Asset Management & Custody Banks TYG Tortoise Energy
11.40% Yield BSTZ BlackRock Science
12.56% Yield BK The Bank of New York Mellon
2.10% Yield HQL Tekla Life Sciences
12.88% Yield NTRS Northern Trust
2.51% Yield HQH Tekla Healthcare Investors
12.88% Yield
HTGC Dividend History: Last 50 Payments (USD) as of April 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-02-25 2026-02-25 2026-03-04 Quarterly 0.4 0% 2.72%
2025-11-12 2025-11-12 2025-11-19 Quarterly 0.4 0% 2.28%
2025-08-12 2025-08-12 2025-08-19 Quarterly 0.4 0% 2.12%
2025-05-13 2025-05-13 2025-05-20 Quarterly 0.4 0% 2.3%
2025-02-26 2025-02-26 2025-03-05 Quarterly 0.4 0% 1.93%
2024-11-13 2024-11-13 2024-11-20 Quarterly 0.4 0% 2.08%
2024-08-13 2024-08-13 2024-08-20 Quarterly 0.4 0% 2.21%
2024-05-13 2024-05-14 2024-05-21 Quarterly 0.4 0% 2.05%
2024-02-27 2024-02-28 2024-03-06 Quarterly 0.4 -16.7% 2.19%
2023-11-14 2023-11-15 2023-11-22 Quarterly 0.48 0% 3.07%
2023-08-17 2023-08-18 2023-08-25 Quarterly 0.48 +2.1% 2.9%
2023-05-15 2023-05-16 2023-05-23 Quarterly 0.47 0% 3.56%
2023-03-01 2023-03-02 2023-03-09 Quarterly 0.47 -7.8% 3.07%
2022-11-09 2022-11-10 2022-11-17 Quarterly 0.51 +2% 3.62%
2022-08-08 2022-08-09 2022-08-16 Quarterly 0.5 +4.2% 3.2%
2022-05-16 2022-05-17 2022-05-24 Quarterly 0.48 0% 3.2%
2022-03-08 2022-03-09 2022-03-16 Quarterly 0.48 +20% 2.83%
2021-11-09 2021-11-10 2021-11-17 Quarterly 0.4 +2.6% 2.3%
2021-08-10 2021-08-11 2021-08-18 Quarterly 0.39 0% 2.29%
2021-05-11 2021-05-12 2021-05-19 Quarterly 0.39 +5.4% 2.3%
2021-03-05 2021-03-08 2021-03-15 Quarterly 0.37 +8.8% N/A
2020-11-06 2020-11-09 2020-11-16 Quarterly 0.34 +6.3% N/A
2020-08-07 2020-08-10 2020-08-17 Quarterly 0.32 0% N/A
2020-05-13 2020-05-14 2020-05-21 Quarterly 0.32 -20% N/A
2020-02-28 2020-03-02 2020-03-09 Quarterly 0.4 +14.3% N/A
2019-11-07 2019-11-11 2019-11-18 Quarterly 0.35 +2.9% N/A
2019-08-09 2019-08-12 2019-08-19 Quarterly 0.34 +3% N/A
2019-05-10 2019-05-13 2019-05-20 Quarterly 0.33 +6.5% N/A
2019-03-01 2019-03-04 2019-03-11 Quarterly 0.31 -6.1% N/A
2018-11-08 2018-11-12 2018-11-19 Quarterly 0.33 +6.5% N/A
2018-08-10 2018-08-13 2018-08-20 Quarterly 0.31 0% N/A
2018-05-11 2018-05-14 2018-05-21 Quarterly 0.31 0% N/A
2018-03-02 2018-03-05 2018-03-12 Quarterly 0.31 0% N/A
2017-11-10 2017-11-13 2017-11-20 Quarterly 0.31 0% N/A
2017-08-10 2017-08-14 2017-08-21 Quarterly 0.31 0% N/A
2017-05-11 2017-05-15 2017-05-22 Quarterly 0.31 0% N/A
2017-03-02 2017-03-06 2017-03-13 Quarterly 0.31 0% N/A
2016-11-09 2016-11-14 2016-11-21 Quarterly 0.31 0% N/A
2016-08-11 2016-08-15 2016-08-22 Quarterly 0.31 0% N/A
2016-05-12 2016-05-16 2016-05-23 Quarterly 0.31 0% N/A
2016-03-03 2016-03-07 2016-03-14 Quarterly 0.31 0% N/A
2015-11-12 2015-11-16 2015-11-23 Quarterly 0.31 0% N/A
2015-08-13 2015-08-17 2015-08-24 Quarterly 0.31 0% N/A
2015-05-14 2015-05-18 2015-05-25 Quarterly 0.31 0% N/A
2015-03-10 2015-03-12 2015-03-19 Quarterly 0.31 0% N/A
2014-11-13 2014-11-17 2014-11-24 Quarterly 0.31 0% N/A
2014-08-14 2014-08-18 2014-08-25 Quarterly 0.31 0% N/A
2014-05-08 2014-05-12 2014-05-19 Quarterly 0.31 0% N/A
2014-03-06 2014-03-10 2014-03-17 Quarterly 0.31 0% N/A
2013-11-14 2013-11-18 2013-11-25 Quarterly 0.31 0% N/A

HTGC Dividend FAQ

Hercules Capital, Inc. (HTGC) operates as a business development company (BDC). BDCs are a type of closed-end investment company that invests in small and mid-sized businesses.

What is the Dividend Yield of HTGC?

As of April 2026, HTGC's dividend yield is 9.25%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.60 USD by the current share price of 14.77.

Does HTGC pay a dividend?

As of April 2026, HTGC paid a dividend of 1.60 USD in the last 12 months. The last dividend was paid on 2026-02-25 and the payout was 0.4 USD.

How often does HTGC pay dividends?

HTGC pays dividends quarterly. Over the last 12 months, HTGC has issued 4 dividend payments. The last dividend payment was made on 2026-02-25.

HTGC dividend forecast

Based on historical data, the forecasted dividends per share for HTGC for the next payments are between 0.387 (-3.3%) and 0.396 (-1.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 10.6%.

Will HTGC pay dividends in 2026?

The latest dividend paid per share was 0.4 USD with an Ex-Dividend Date of 2026-02-25. The next Ex-Dividend date for Hercules Capital (HTGC) is currently unknown.

What is the next Ex-Dividend Date for HTGC?

The next Ex-Dividend date for Hercules Capital (HTGC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of HTGC?

HTGC's average dividend growth rate over the past 5 years is 0.80% per year. Weak growth: HTGC's dividend growth is lower than inflation.

What is the Yield on Cost of HTGC?

HTGC's 5-Year Yield on Cost is 16.2%. If you bought HTGC's shares at 9.86 USD five years ago, your current annual dividend income (1.60 USD per share, trailing 12 months) equals 16.2% of your original purchase price.

What is the Payout Consistency of HTGC?

HTGC Payout Consistency is 93.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Hercules Capital has a strong track record of consistent dividend payments over its lifetime.

Does HTGC have a good Dividend Yield?

HTGC's 9.25% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of HTGC?

The Dividend Payout Ratio of HTGC is 83.3%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of HTGC?

HTGC's Overall Dividend Rating is 53.28%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

HTGC Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.

What is the Trend in HTGC's Outstanding Shares?

Hercules Capital's outstanding shares have increased by approximately 11.12% annually over the past 3 years (Trend Reliability: 100.0%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has HTGC ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2004 2,059,000 0%
2005 9,912,600 +381.43%
2006 22,871,000 +130.73%
2007 32,629,000 +42.67%
2008 32,775,000 +0.45%
2009 35,181,000 +7.34%
2010 42,737,000 +21.48%
2011 47,018,000 +10.02%
2012 51,895,000 +10.37%
2013 60,870,000 +17.29%
2014 63,766,000 +4.76%
2015 71,239,000 +11.72%
2016 81,420,000 +14.29%
2017 84,027,000 +3.2%
2018 96,357,000 +14.67%
2019 106,072,000 +10.08%
2020 114,263,000 +7.72%
2021 116,754,000 +2.18%
2022 132,275,000 +13.29%
2023 157,758,000 +19.27%
2024 165,607,000 +4.98%
2025 194,791,000 +17.62%
Key Metric Definitions
Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-29 03:01 UTC