Hercules Capital: This 10% Yield Is Rock Solid
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Hercules Capital offers a 10% dividend yield, supported by a strong balance sheet and low non-accrual percentage. The BDC focuses on venture-backed tech companies, achieving consistent growth in total investment income. Despite a 66% premium to NAV, its robust dividend coverage and record income justify the valuation.
November 19, 2024 | 10:30 pm
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Hercules Capital offers a 10% dividend yield, supported by a strong balance sheet and low non-accrual percentage. The BDC's focus on venture-backed tech companies and consistent growth in total investment income justify its 66% premium to NAV.
Hercules Capital's strong financials, low non-accrual percentage, and consistent growth in investment income support its high dividend yield. The 66% premium to NAV is justified by these factors, indicating a positive short-term impact on stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100