HRZN Ex-Dividend Reminder

Looking at the universe of stocks we cover at Dividend Channel, on 10/17/23, Horizon Technology Finance Corporation (Symbol: HRZN) will trade ex-dividend, for its monthly dividend of $0.11, payable on 11/15/23. As a percentage of HRZN's recent stock price of $12.42, this dividend works out to approximately 0.89%, so look for shares of Horizon Technology Finance Corporation to trade 0.89% lower — all else being equal — when HRZN shares open for trading on 10/17/23.

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In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HRZN is likely to continue, and whether the current estimated yield of 10.63% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HRZN shares, versus its 200 day moving average:

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Looking at the chart above, HRZN's low point in its 52 week range is $10.14 per share, with $13.45 as the 52 week high point — that compares with a last trade of $12.35.

Horizon Technology Finance Corporation is in our coverage universe of monthly dividend paying stocks. In Friday trading, Horizon Technology Finance Corporation shares are currently up about 0.4% on the day.

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