Horizon Technology Finance Corporation
HRZNFinancial Services · Stock · monthly payer
$4.65
Add to PortfolioForward Yield
15.48%
Annual Dividend
$0.72
Payout Ratio
225%
5-Yr Growth
1.9%
Ex-Date
Jun 17, 2026
Frequency
Monthly
HRZN Dividend Safety Score
57/ 100
Grade C
Borderline
Dividend-growth streak8 consecutive years of growth
Cut historyCut its dividend in 2017
Earnings payout coverage225% of earnings paid out
Balance-sheet strengthDebt/equity of 1.34
Yield vs its historyYield is 1.3× its 5-yr average — elevated
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
Is HRZN a good dividend stock?
MixedHorizon Technology Finance Corporation (HRZN) pays a monthly dividend yielding 15.48% ($0.72/yr), with 8 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2017
- Elevated payout ratio (225%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 15.48%
- Payout Ratio
- 225%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Jun 17, 2026
- Years of Growth
- 8
- Frequency
- monthly
- Beta
- 0.98
- Market Cap
- $317.4M
- P/E Ratio
- —
- 5-Yr Total Return
- -73%
- 52-Week Range
- $3.80 – $8.46
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 18, 2026 | — | $0.0600 | regular |
| Apr 16, 2026 | — | $0.0600 | regular |
| Mar 16, 2026 | — | $0.0600 | regular |
| Feb 17, 2026 | — | $0.1100 | regular |
| Jan 16, 2026 | — | $0.1100 | regular |
| Dec 17, 2025 | — | $0.1100 | regular |
| Nov 17, 2025 | — | $0.1100 | regular |
| Oct 16, 2025 | — | $0.1100 | regular |
| Sep 17, 2025 | — | $0.1100 | regular |
| Aug 18, 2025 | — | $0.1100 | regular |
| Jul 16, 2025 | — | $0.1100 | regular |
| Jun 16, 2025 | — | $0.1100 | regular |
| May 16, 2025 | — | $0.1100 | regular |
| Apr 16, 2025 | — | $0.1100 | regular |
Income Calculator
At $0.72 / yr per share
Per payment (monthly)$6.00
Annual$72.00
Monthly avg$6.00
