Delving into Dividend Dynamics
Looking at the realm of stocks covered at Dividend Channel, the much-anticipated 2/27/24 marks Hercules Technology Growth Capital’s (Symbol: HTGC) ex-dividend trading day. A quarterly dividend of $0.40 awaits shareholders, payable on 3/6/24. This dividend, constituting approximately 2.14% of HTGC’s recent stock price of $18.72, foretells a potential 2.14% dip in Hercules Technology Growth Capital’s shares — barring any unforeseen circumstances — when HTGC commences trading on 2/27/24.
Assessing Dividend Viability
Dividends can often be unpredictable. However, a glance at historical patterns proves useful in determining the likelihood of HTGC’s recent dividend continuing and whether the current estimated annual yield of 8.55% is a realistic expectation moving forward.
Analyzing Market Performance
Comparing the one-year performance of HTGC shares to its 200-day moving average provides insights into market trends.
Diving into the chart, HTGC hit a low of $10.94 per share within its 52-week range, with $18.79 marking the high point — a contrast to the latest trade price of $18.73.
In Friday’s trading session, Hercules Technology Growth Capital experienced a 1.5% surge in shares.
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Further Reading:
- ATRA Options Chain
- FOLD Shares Outstanding History
- ASGN Year-to-Date Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
