SmarterDividends
HTGC

Hercules Capital, Inc.

HTGC

Financial Services · Stock · quarterly payer

Forward Yield

12.07%

Annual Dividend

$1.88

Payout Ratio

105%

5-Yr Growth

7.3%

Ex-Date

May 14, 2026

Frequency

Quarterly

HTGC Dividend Safety Score

43/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage105% of earnings paid out
Free-cash-flow coverage142% of free cash flow
Balance-sheet strengthDebt/equity of 1.15
Yield vs its historyYield in line with its history

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 HTGC a good dividend stock?

Mixed

Hercules Capital, Inc. (HTGC) pays a quarterly dividend yielding 12.07% ($1.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 7.3% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Elevated payout ratio (105%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
12.07%
Payout Ratio
105%
Annual Dividend
$1.88
5-Yr Avg Growth
7.3%
Ex-Dividend Date
May 14, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.74
Market Cap
$2.9B
P/E Ratio
8.7
5-Yr Total Return
-10%
52-Week Range
$13.70 – $19.67
Dividend Safety
D · 43/100
Ever Cut?
Yes (2023)
HTGC ex-dividend date & scheduleNext ex-date May 14, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.88 / yr per share

Per payment (quarterly)$47.00
Annual$188.00
Monthly avg$15.67