Many investors believe further interest rate cuts in December are guaranteed.
Hercules Capital offers a compelling mix of high yield, strong credit quality, and steady growth, making it attractive for income investors. HTGC demonstrated strong results, including record new commitments and low non-accruals, highlighting disciplined management and portfolio strength. Despite trading at a premium to NAV, HTGC's forward P/E of 9.1 and fully covered 10.7% dividend yield underscore its earnings power and shareholder alignment.
Hercules Capital is now paying out a double-digit dividend yield following a material pullback of its common shares. The technology-focused BDC recorded third-quarter net investment income of $0.49 per share, providing full coverage for its aggregate dividend. NAV per share was up by 21 cents sequentially, as HTGC's debt investments grew by 21% over the year-ago quarter.
| Capital Markets Industry | Financials Sector | Scott Bluestein CEO | NYSE Exchange | 427096508 CUSIP |
| US Country | 100 Employees | 12 Nov 2025 Last Dividend | - Last Split | 9 Jun 2005 IPO Date |
Hercules Capital, Inc. is a distinguished business development company specializing in providing a suite of financing solutions aimed at supporting the growth and development of privately held, venture capital-backed companies at various stages of their lifecycle, from startups to expansion phases. Moreover, Hercules Capital extends its services to select publicly listed companies and special opportunity lower middle market companies seeking additional capital for various financial needs. The firm’s comprehensive offerings cover a broad range of financial solutions, including venture debt, senior secured loans, and growth capital, tailored to support acquisitions, recapitalizations, refinancing, and various stages of company growth. With a focus on technology and innovative industries, Hercules Capital positions itself as a vital partner for companies looking to navigate the financial challenges of expansion, acquisitions, and overall corporate growth.
This solution is designed for capital extension, aiding companies in navigating through growth phases with tailored financial support.
Hercules Capital provides specialized financing options for management buy-outs and corporate spin-outs, facilitating smooth transitions and continued growth.
Financing solutions focused on assisting companies with acquisitions, whether it’s for specific assets, companies, or intellectual property.
Flexible debt solutions that cater to companies looking for alternative financing structures to support their growth or restructuring initiatives.
Capital solutions that support both domestic and global expansion efforts, enabling companies to scale operations and enter new markets successfully.
Aimed at accelerating revenue through sales and marketing development and manufacturing expansion, this solution supports companies in optimizing their supply chain and sales operations.
Hercules Capital offers financing solutions that are secured by company assets, including accounts receivable and equipment, to provide working capital for continued operations and growth.
Short-term financing options designed to bridge the gap to an initial public offering (IPO) or facilitate mergers and acquisitions (M&A) processes.
Financial structures tailored to provide investor liquidity through dividend recapitalizations and other mechanisms.
Solutions aimed at public companies seeking additional capital for asset growth, production capacity expansion, and to facilitate continued strategic initiatives.
Custom financing solutions focused on enabling companies to acquire strategic assets or intellectual property to enhance their market positioning and competitive advantage.