Looking at the universe of stocks we cover at Dividend Channel, on 5/11/21, Hercules Technology Growth Capital (Symbol: HTGC) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 5/19/21. As a percentage of HTGC's recent stock price of $17.46, this dividend works out to approximately 1.83%, so look for shares of Hercules Technology Growth Capital to trade 1.83% lower — all else being equal — when HTGC shares open for trading on 5/11/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HTGC is likely to continue, and whether the current estimated yield of 7.33% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HTGC shares, versus its 200 day moving average:
Looking at the chart above, HTGC's low point in its 52 week range is $9.23 per share, with $17.71 as the 52 week high point — that compares with a last trade of $17.50.
In Friday trading, Hercules Technology Growth Capital shares are currently off about 0.5% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
