HTGC Dividend History & Analysis | 11.4% Yield

HTGC has a dividend yield of 11.4% and paid 1.88 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 11.40%
Payout Ratio 96.4%
Growth Rate CAGR 5y 1.7%
Consistency Lifetime 98.6%
Yield on Cost 5y 19.2%
Payout FCF -
Streak Years 2
Dividend Rating 67.1%
Chowder Number yield + growth 13.1% meets 12% target for healthy growth
Yield vs Average 5y +5.5% avg 10.81% vs now 11.40%
Debt / EBITDA leverage 7.1x elevated
Income per 10k invested 1,140 USD per year
Dividends Cash Amount per Share Yearly HTGC annual dividends paid per share, showing the total cash Hercules Capital distributed to shareholders each year.
Dividend Growth Year over Year HTGC year-over-year dividend growth rate, showing how Hercules Capital's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History HTGC dividend yield history versus share price over the past 5 years, showing how Hercules Capital's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Asset Management & Custody Banks

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECAT NYSE
BlackRock ESG Capital
1,532 M 21.46% 33.43%
BCAT NYSE
BlackRock Capital
1,618 M 21.15% 29.30%
TRIN NASDAQ
Trinity Capital
1,612 M 14.26% 30.72%
FSK NYSE
FS KKR Capital
2,977 M 17.99% 22.76%
CION NYSE
Cion Investment
297 M 16.83% 23.95%
TYG NYSE
Tortoise Energy
1,108 M 11.98% 32.27%
FSCO NYSE
FS Credit Opportunities
993 M 13.17% 27.05%
FBRT NYSE
BSP Realty Trust
586 M 11.70% 28.68%
BCSF NYSE
Bain Capital Specialty
802 M 14.24% 21.92%
MSIF NYSE
MSC Income Fund
495 M 9.47% 29.69%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
ECAT NYSE
BlackRock ESG Capital
1,532 M 46.20% 91.7%
ASA NYSE
ASA Gold Precious Metals
904 M 43.50% 99.2%
MSIF NYSE
MSC Income Fund
495 M 42.57% 100.0%
BCAT NYSE
BlackRock Capital
1,618 M 38.58% 100.0%
KBDC NYSE
Kayne Anderson BDC
892 M 35.03% 100.0%
SLRC NASDAQ
SLR Investment
706 M 35.11% 98.3%
VCTR NASDAQ
Victory Capital Holdings
6,078 M 24.64% 100.0%
STEP NASDAQ
Stepstone
5,370 M 23.52% 98.9%
BXSL NYSE
Blackstone Secured Lending
5,542 M 25.33% 90.8%
ARES NYSE
Ares Management
41,455 M 21.11% 100.0%

HTGC Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 1.69% 60
Mar 1.18% 40
Apr - -
May 3.16% 100
Jun - -
Jul - -
Aug 2.71% 100
Sep - -
Oct - -
Nov 2.83% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-14 2026-05-14 2026-05-21 Quarterly 0.47 0% 3.03%
2026-02-25 2026-02-25 2026-03-04 Quarterly 0.47 0% 3.19%
2025-11-12 2025-11-12 2025-11-19 Quarterly 0.47 0% 2.68%
2025-08-12 2025-08-12 2025-08-19 Quarterly 0.47 -13% 2.49%
2025-05-13 2025-05-13 2025-05-20 Quarterly 0.54 0% 3.11%
2025-02-26 2025-02-26 2025-03-05 Quarterly 0.54 +12.5% 2.6%
2024-11-13 2024-11-13 2024-11-20 Quarterly 0.48 0% 2.5%
2024-08-13 2024-08-13 2024-08-20 Quarterly 0.48 -14.3% 2.65%
2024-05-13 2024-05-14 2024-05-21 Quarterly 0.56 +16.7% 2.88%
2024-02-27 2024-02-28 2024-03-06 Quarterly 0.48 0% 2.63%
2023-11-14 2023-11-15 2023-11-22 Quarterly 0.48 0% 3.08%
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%

HTGC Dividend FAQ

What is the Dividend Yield of HTGC?

As of July 2026, HTGC's dividend yield is 11.40%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.88 USD by the current share price of 15.79.

Does HTGC pay a dividend?

As of July 2026, HTGC paid a dividend of 1.88 USD in the last 12 months. The last dividend was paid on 2026-05-14 and the payout was 0.47 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 2026-05-14.

HTGC dividend forecast

Based on historical data, the forecasted dividends per share for HTGC for the next payments are between 0.464 (-1.3%) and 0.493 (+4.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 12.2%.

Will HTGC pay dividends in 2026?

The latest dividend paid per share was 0.47 USD with an Ex-Dividend Date of 2026-05-14. 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 1.73% 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 19.2%. If you bought HTGC's shares at 9.78 USD five years ago, your current annual dividend income (1.88 USD per share, trailing 12 months) equals 19.2% of your original purchase price.

What is the Payout Consistency of HTGC?

HTGC Payout Consistency is 98.6%. 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 11.40% 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 96.4%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of HTGC?

HTGC's Overall Dividend Rating is 67.09%. 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 10.33% annually over the past 3 years (Trend Reliability: 95.4%). 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%
2026 196,821,000 +1.04%

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: 2026-07-28 02:38 UTC