Welcome to our dedicated page for Hercules Capital news (Ticker: HTGC), a resource for investors and traders seeking the latest updates and insights on Hercules Capital stock.
Hercules Capital, Inc. provides senior secured venture growth loans to high-growth, venture capital-backed and institutional-backed companies, with an emphasis on technology and life sciences industries. Its updates commonly address debt and equity commitments, loan fundings, portfolio-company financings, net investment income, net asset value, leverage, available liquidity and recurring cash distributions.
Hercules also reports developments involving credit ratings, annual meeting and proxy matters, executive leadership, and its asset management activity through Hercules Adviser LLC and related Adviser Funds. The company’s common stock trades on the NYSE under HTGC, and its retail notes trade under HCXY.
Hercules Capital, Inc. (NYSE: HTGC) has announced a supplemental cash distribution of $0.02 per share, payable on November 16, 2020, with a record date of November 9, 2020. This distribution is in addition to the regular third-quarter cash distribution of $0.32 per share. Hercules aims to distribute about 90% to 100% of its taxable income, with the potential for supplemental distributions. The company reported that 100% of distributions declared for the quarter ending September 30, 2020, were sourced from current earnings and profits, and qualified interest income estimated at 93.52% for 2020 distributions.
Hercules Capital, Inc. (NYSE: HTGC) has announced its third quarter 2020 financial results conference call scheduled for October 29, 2020, at 2:00 p.m. PT. The company will release its financial results after market close that same day. Investors can listen to the call by dialing (877) 304-8957, with a replay available shortly afterward. Hercules Capital focuses on providing senior secured venture growth loans to high-growth, innovative, venture capital-backed companies, having committed over $10.5 billion since its inception in December 2003.