Looking at the universe of stocks we cover at Dividend Channel, on 8/7/20, Hercules Technology Growth Capital (Symbol: HTGC) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 8/17/20. As a percentage of HTGC's recent stock price of $12.02, this dividend works out to approximately 2.66%, so look for shares of Hercules Technology Growth Capital to trade 2.66% lower — all else being equal — when HTGC shares open for trading on 8/7/20.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HTGC is likely to continue, and whether the current estimated yield of 10.65% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HTGC shares, versus its 200 day moving average:
Looking at the chart above, HTGC's low point in its 52 week range is $5.42 per share, with $16.40 as the 52 week high point — that compares with a last trade of $11.90.
In Wednesday trading, Hercules Technology Growth Capital shares are currently up about 3.4% 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.
