Horizon Technology Finance Corporation Stock News

Horizon Technology Finance operates as a BDC with a dividend yield of about 12.1%, making it attractive for income investors. However, the distribution may be vulnerable. Net investment income is down on a year-over-year basis. Future interest rate cuts could further reduce NII per share. The price still trades at a high premium to NAV. I believe this premium is unjustified when looking at the ...

24/7 Wall St. Insights Ultra-high-yield stocks offer big streams of passive income.

Horizon Technology Finance (NASDAQ:HRZN ) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Megan Bacon - Director, Investor Relations and Marketing Rob Pomeroy - Chairman and CEO Jerry Michaud - President Dan Devorsetz - COO and CIO Dan Trolio - CFO Conference Call Participants Paul Johnson - KBW Bryce Rowe - B. Riley Securities Christopher Nolan - Ladenburg Thalma...

FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today th...

We take a look at the action in business development companies through the last week of June and highlight some of the key themes we are watching. BDCs were slightly up on the week but flat over the month of June, with TPVG and OBDE underperforming. Horizon Tech Finance Corp closed a $100m senior secured credit facility to allow it to issue secured notes.

Many investors oversimplify the investment process with respect to duration by thinking about the concept on a single spectrum. They also focus overly on today's yield rather than considering reinvestment risk as well as capital gains consequences. We discuss two of these investment process shortcomings and highlight a number of attractive holdings in the context of the current market environment.

24/7 Insights Those with a higher risk appetite will love ultra-high dividend stocks.

Hercules Capital has strong long-term performance and has built a leading portfolio among technology-focused business development companies. Horizon Technology has been a bit inconsistent, but over the long run it has been a strong performer for those reinvesting dividends.