Hercules Capital (Hercules Capital) Dividend Payout Ratio

: 0.62 (As of Dec. 2023)

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Hercules Capital's dividend payout ratio for the months ended in Dec. 2023 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hercules Capital Inc is 0.79, which seems too high.

The historical rank and industry rank for Hercules Capital's Dividend Payout Ratio or its related term are showing as below:

HTGC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.22 Max: 2.1
Current: 0.79

During the past 13 years, the highest Dividend Payout Ratio of Hercules Capital was 2.10. The lowest was 0.64. And the median was 1.22.

HTGC's Dividend Payout Ratio is ranked better than
52.98% of 940 companies
in the Asset Management industry
Industry Median: 0.83 vs HTGC: 0.79

As of today (2024-04-19), the Dividend Yield % of Hercules Capital is 10.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hercules Capital was 19.28%. The lowest was 6.09%. And the median was 9.45%.

Hercules Capital's Dividends per Share for the months ended in Dec. 2023 was $0.48.

During the past 12 months, Hercules Capital's average Dividends Per Share Growth Rate was 19.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hercules Capital was 59.60% per year. The lowest was -12.60% per year. And the median was 5.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Hercules Capital Dividend Payout Ratio Historical Data

The historical data trend for Hercules Capital's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hercules Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.74

0.64

0.87

1.92

0.79

Hercules Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.77	0.57	0.71	2.53	0.62

Competitive Comparison

For the Asset Management subindustry, Hercules Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hercules Capital Dividend Payout Ratio Distribution

For the Asset Management industry and Financial Services sector, Hercules Capital's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hercules Capital's Dividend Payout Ratio falls into.

Hercules Capital Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Hercules Capital's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.82	/	2.31
	=	0.79

Hercules Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.48	/	0.78
	=	0.62

Hercules Capital (NYSE:HTGC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Hercules Capital Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Hercules Capital's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Hercules Capital (Hercules Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hercules Capital Inc (NYSE:HTGC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

19H:Germany 19H:Germany

Address

400 Hamilton Avenue, Suite 310, Palo Alto, CA, USA, 94301

Website

https://www.htgc.com

Hercules Capital Inc is a specialty finance company engaged in providing senior secured loans to high-growth, venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. It invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The company lends to and invests in portfolio companies in various technology-related industries including technology, drug discovery and development, biotechnology, life sciences, healthcare, and sustainable and renewable technology.

Executives

Nikos Theodosopoulos	director	C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Christian Follmann	officer: Chief Operating Officer	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Gayle A Crowell	director
Wade Loo	director	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Scott Bluestein	officer: Chief Investment Officer	303 COLUMBUS AVENUE, APT 506, BOSTON MA 02116
Deanne Aguirre	director	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Thomas J Fallon	director	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Kiersten Zaza Botelho	officer: General Counsel & CCO	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Paramjeet K Randhawa	director	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Carol L Foster	director	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Seth H Meyer	officer: Chief Financial Officer	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Jorge Titinger	director	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Doreen Woo Ho	director	C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Waldt Gerard R Jr.	officer: Interim Chief Accounting Off	400 HAMILTON AVENUE SUITE 310, PALO ALTO CA 94301
Bradford C. Koenig	director	C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062