HRZN (Horizon Technology Finance) Dividend Yield %: 23.84% (As of Aug. 04, 2026) — 123% Above Median

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HRZN Horizon Technology Finance Corp HRZN
19 GF Score
Price $4.51
! 5 Warning Signs
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What is Horizon Technology Finance Dividend Yield %?

Horizon Technology Finance HRZN +4.16% 19 Dividend Yield % is 23.84% as of Aug. 04, 2026, which is 123% above its 10-year median of 10.67. GuruFocus rates HRZN with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 1,113 Asset Management companies, Horizon Technology Finance ranks better than 98.29% on this metric.

As of today (2026-08-04), the Trailing Annual Dividend Yield of Horizon Technology Finance is 23.84%.

The historical rank and industry rank for Horizon Technology Finance's Dividend Yield % or its related term are showing as below:

HRZN' s Dividend Yield % Range Over the Past 10 Years
Min: 6.72   Med: 10.67   Max: 32.2
Current: 23.84

During the past 13 years, the highest Dividend Yield of Horizon Technology Finance was 32.20%. The lowest was 6.72%. And the median was 10.67%.

HRZN's Dividend Yield % is ranked better than
98.29% of 1113 companies
in the Asset Management industry
Industry Median: 5.93 vs HRZN: 23.84

Horizon Technology Finance's Dividend Payout Ratio for the three months ended in Mar. 2026 was 3.83.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Horizon Technology Finance Corp is 2.84, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Horizon Technology Finance was 3.33. The lowest was 0.83. And the median was 1.24.

As of today (2026-08-04), the Forward Dividend Yield % of Horizon Technology Finance is 16.02%.

Horizon Technology Finance's Dividends per Share for the three months ended in Mar. 2026 was $0.23.

During the past 12 months, Horizon Technology Finance's average Dividends Per Share Growth Rate was -7.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Horizon Technology Finance was 5.40% per year. The lowest was -12.10% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Horizon Technology Finance  (NAS:HRZN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Horizon Technology Finance Dividend Yield % Related Terms

Horizon Technology Finance Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Horizon Technology Finance's Dividend Yield % 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.

Horizon Technology Finance Dividend Yield % Chart

Horizon Technology Finance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.54 10.43 10.02 14.68 20.47

Horizon Technology Finance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.01 18.33 21.64 20.47 30.17

HRZN vs OIA, FUND, PSBD: Dividend Yield % Comparison

For the Asset Management subindustry, Horizon Technology Finance's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

Horizon Technology Finance Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Horizon Technology Finance's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Horizon Technology Finance's Dividend Yield % falls into.


HRZN
19GF Score
Horizon Technology Finance Corp HRZN
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Technology Finance Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Horizon Technology Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002026-07-162026-07-162026-08-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002026-06-172026-06-172026-07-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002026-05-182026-05-182026-06-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002026-04-162026-04-162026-05-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002026-03-162026-03-162026-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002026-02-172026-02-172026-03-13Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002026-01-162026-01-162026-02-13Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002025-12-172025-12-172026-01-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002025-11-172025-11-172025-12-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002025-10-162025-10-162025-11-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002025-09-172025-09-172025-10-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002025-08-182025-08-182025-09-16Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Horizon Technology Finance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.07/4.51
=23.73 %

Current Share Price is $4.51.
Horizon Technology Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.07.

Horizon Technology Finance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.72/4.51
=15.96 %

Current Share Price is $4.51.
Horizon Technology Finance's Dividends per Share for the forward twelve months is calculated as $0.06 * 12 = $0.72.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 23.84% mean?
Horizon Technology Finance (HRZN) has a Dividend Yield % of 23.84% as of Aug. 04, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Horizon Technology Finance and its competitors. This is 123% above median its historical median of 10.67. Over the past decade, Horizon Technology Finance's Dividend Yield % has ranged from 6.72 to 32.20. According to the industry distribution chart, Horizon Technology Finance ranks #19 out of 1113 companies in the Asset Management industry, placing it in the top 1.7%.
Is Horizon Technology Finance's Dividend Yield % too high?
Horizon Technology Finance's current Dividend Yield % of 23.84% is 123% above median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 32.20. The Asset Management industry median Dividend Yield % is 5.93. Horizon Technology Finance's value of 23.84% is 302% above this industry median. Based on the distribution chart, Horizon Technology Finance ranks #19 out of 1113 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Technology Finance has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Technology Finance's Dividend Yield % compare to OIA and FUND?
According to the Asset Management industry distribution chart, Horizon Technology Finance ranks #19 out of 1113 companies for Dividend Yield %. This places Horizon Technology Finance in the top 2% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 5.93. Horizon Technology Finance's value of 23.84% is 302% above this benchmark. Historically, Horizon Technology Finance's own Dividend Yield % has ranged from 6.72 to 32.20 over the past decade. While the company's 10-year median is 10.67 vs. the industry median of 5.93, Horizon Technology Finance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.93, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Horizon Technology Finance's current Dividend Yield % of 23.84% is 302% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Horizon Technology Finance and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Technology Finance's current Dividend Yield % is 23.84%, which is 123% above median its own 10-year median of 10.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Technology Finance stock overvalued right now?
Horizon Technology Finance (HRZN) has a current Dividend Yield % of 23.84%. The current Dividend Yield % is 23.84%, which is 123% above median its 10-year median of 10.67 and 302% above the Asset Management industry median of 5.93. Horizon Technology Finance's overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Horizon Technology Finance (HRZN), the current Dividend Yield % is 23.84% as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Horizon Technology Finance Business Description

Address 312 Farmington Avenue, Farmington, CT, USA, 06032
Horizon Technology Finance Corp is a specialty finance company. Its investment objective is to maximize its investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services, and sustainability industries.
19GF Score

Get the complete analysis for HRZN

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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