Looking at the universe of stocks we cover on the Dividend Channel, on 08/08/22, Hercules Technology Growth Capital (Ticker: HTGC) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 16/ 08/22. As a percentage of HTGC’s recent share price of $15.72, that dividend equates to about 2.23%, so look for Hercules Technology Growth Capital shares to trade 2.23% lower – all things being equal by elsewhere – when HTGC shares open for trading on 8/8/22.
In general, dividends are not always predictable; but reviewing the above history can help judge whether HTGC’s most recent dividend is likely to continue and whether the current estimated yield of 8.91% on an annualized basis is a reasonable expectation of annual return in the future. The chart below shows the one-year performance of HTGC shares, compared to its 200-day moving average:
Looking at the chart above, HTGC’s low point in its 52-week range is $12.61 per share, with $19.09 as its 52-week high – compare with a last trade of 15.67 $.
In Thursday’s trading, Hercules Technology Growth Capital shares are currently down about 0.2% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.