
Hercules Capital, Inc.
HCXYStock · quarterly payer
Forward Yield
6.48%
Annual Dividend
$1.24
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
—
Frequency
Quarterly
Key facts about HCXY's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Hercules Capital, Inc. (HCXY) has a forward dividend yield of 6.48%, based on an annual dividend of $1.24 per share and a share price of $24.15.
- As of Oct 18, 2026, HCXY's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
- HCXY has never cut its regular dividend in the payment history SmarterDividends has on record.
- HCXY's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.39 per share.
- HCXY's dividend has been roughly flat over the past five years.
- As of Oct 18, 2026, HCXY's 6.48% yield is 10% above its five-year average yield of 5.88%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for HCXY is $17.45 per share, 28% below the $24.15 share price, so HCXY screens as overvalued.
- Hercules Capital, Inc. (HCXY) pays its dividend quarterly, 4 times a year.
- Hercules Capital, Inc. (HCXY) has raised its regular dividend 1 time and cut it 0 times across the 32 payments on record since 2018. Its most recent change was a 150.6% increase to $0.391 per share, going ex-dividend on Jan 14, 2019.
Cite this page
SmarterDividends, "HCXY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/HCXY
Summary
As of Oct 18, 2026, Hercules Capital, Inc. (HCXY) yields 6.48% ($1.24 a year per share) and has a dividend safety grade of B (75/100).
Is HCXY a good dividend stock?
YesHercules Capital, Inc. (HCXY) pays a quarterly dividend yielding 6.48% ($1.24/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.48%
- Payout Ratio
- —
- Annual Dividend
- $1.24
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 18.8
- 5-Yr Total Return
- -10%
- 52-Week Range
- $23.52 – $25.71
- Dividend Safety
- B · 75/100
- Ever Cut?
- No
HCXY dividend raises and cuts
Hercules Capital, Inc. (HCXY) has raised its regular dividend 1 time and cut it 0 times across the 32 payments on record since 2018. Its most recent change was a 150.6% increase to $0.391 per share, going ex-dividend on Jan 14, 2019.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 14, 2019 | Raise | $0.156 → $0.391 | +150.6% |
Frequently Asked Questions
Is HCXY a good dividend stock?
Yes. Hercules Capital, Inc. (HCXY) pays a quarterly dividend yielding 6.48% ($1.24/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is HCXY undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HCXY's fair value is about $17.45 versus a $24.15 share price — so it looks overvalued (-28% vs. fair value).
Is HCXY's dividend safe?
HCXY has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is HCXY's fair value?
Our blended fair-value estimate for HCXY is about $17.45 per share, about 28% below the current $24.15 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is HCXY a buy, hold, or sell?
We don't issue formal ratings, but on the data HCXY screens as "yes" and overvalued. Hercules Capital, Inc. (HCXY) pays a quarterly dividend yielding 6.48% ($1.24/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will HCXY cut its dividend?
HCXY earns a dividend-safety grade of B (75/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does HCXY pay a dividend?
Yes. Hercules Capital, Inc. pays a quarterly dividend of about $1.24 per share annually, a forward yield of roughly 6.48%.
What is HCXY's dividend yield?
As of Oct 18, 2026, HCXY's forward dividend yield is 6.48%, based on a $1.24 annual dividend and a $24.15 share price.
What is HCXY's dividend per share?
As of Oct 18, 2026, HCXY pays $1.24 per share per year, distributed on a quarterly basis.
How many years has HCXY grown its dividend?
HCXY does not currently have a long dividend-growth streak on record.
When is the next HCXY ex-dividend date?
As of Oct 18, 2026, HCXY's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.39 per share.
HCXY Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
-1%
5 Years
-10%
52-Week Range
$23.52 – $25.71
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HCXY worth?
Overvaluedlow confidenceOur blended fair-value estimate for Hercules Capital, Inc. is $17.45 per share, versus a market price of $24.15. That implies 28% of downside.
Fair Value
$17.45
Current Price
$24.15
Downside
-28%
Margin of Safety
-38%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 1.3% growth for five years fading to 2.5% over the next five, $1.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HCXY Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full HCXY dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 15, 2026 | Oct 30, 2026 | $0.3910 | regular |
| Jul 15, 2026 | Jul 30, 2026 | $0.3910 | regular |
| Apr 15, 2026 | Apr 30, 2026 | $0.3910 | regular |
| Jan 15, 2026 | Jan 30, 2026 | $0.3910 | regular |
| Oct 15, 2025 | Oct 30, 2025 | $0.3910 | regular |
| Jul 15, 2025 | Jul 30, 2025 | $0.3910 | regular |
| Apr 15, 2025 | Apr 30, 2025 | $0.3910 | regular |
| Jan 15, 2025 | Jan 30, 2025 | $0.3910 | regular |
| Oct 15, 2024 | Oct 30, 2024 | $0.3910 | regular |
| Jul 15, 2024 | Jul 30, 2024 | $0.3910 | regular |
| Apr 12, 2024 | Apr 30, 2024 | $0.3910 | regular |
| Jan 11, 2024 | Jan 30, 2024 | $0.3910 | regular |
| Oct 12, 2023 | Oct 30, 2023 | $0.3910 | regular |
| Jul 13, 2023 | Jul 31, 2023 | $0.3910 | regular |
Income Calculator
At $1.24 / yr per share
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