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Hercules Capital Inc (HTGC) is a specialty finance company. As a business development company, it is 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 majorly in structured debt with warrants and, to a lesser extent, in senior debt and equity investments.

The firm formerly known as Hercules Technology Growth Capital, Inc.

Hercules Capital, Inc. was founded in December 2003 and is based in San Mateo, California with additional offices in North America and Europe.

The firm formerly known as Hercules Technology Growth Capital, Inc.

Hercules Capital, Inc. was founded in December 2003 and is based in San Mateo, California with additional offices in North America and Europe.

Three key data points gauge

Hercules Capital, Inc. or any dividend paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.
 

HTGC Price

Share price rose 12.5% over the past year from $16.41 to $19.83, as of Thursday’s market close.

In the past 3 years ,the company’s share price has rarely been less than $11.45 nor more than $21.80. Its all-time high price of $21.78 was reached July, 30th.

If shares trade in the range of $17.00 to $22.00 this next year, the recent $19.85 share price might grow to $20.85. Of course, HTGC shares could also drop about the same $1.00 estimated amount, or more.

My $1.00 price upside estimate is based on the median of one year target price estimates from nine analysts tracking the stock for brokers.
 

HTGC Dividend

Hercules Capital, Inc has paid variable quarterly dividends since November 2005. The company’s most recent Q dividend of $0.48 was declared October 28th to shareholders of record prior to November 13th, and the dividend was paid November 20th. A forward looking annual dividend of $1.92 yields 9.67% per Thursday’s closing price.
 

HTGC Returns

Putting it all together, a $2.92 estimated annual gross gain per share shows up by adding Hercules Capital, Inc’s annual $1.92 dividend to the estimated price upside of $1.00, totals that $2.92 gross gain.

A little over $1000 buys 50.38 shares at Thursday’s $19.85 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.20 per share out of the $2.92 gross-gain to give us a net gain of $2.72 X 50.38 shares = $137.03 for about a 13.7% estimated net gain on the year.

Furthermore, the $96.70 annual estimated dividend income from $1k invested in HTGC is 4.87 times more than the $19.85 single-share price. By these numbers, HTGC may be an ideal financial dividend dog.

Therefore, you may want to pounce on Hercules Capital, Inc.

It is a soon to be 22 year-old variable quarterly dividend paying business development company with a19 year dividend record.

The exact track of Hercules Capital, Inc future price and dividend will entirely be determined by market action and company finances.

Remember the best measure of stock value is through direct ownership of shares.

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