02-22-2022, 10:49 AM
(10-28-2021, 08:08 PM)ken-do-nim Wrote: I finally get to do one of these!
One of my favorite high income payers, Hercules Capital, raised their quarterly dividend payment from 0.32/share to 0.33/share, as well as maintained the .07 supplemental payout, for a total payout of .40/share. The Nasdaq site just adds those together:
https://www.yahoo.com/now/hercules-capit...00658.html
![[Image: ab56aafb-dbb4-4f70-93b2-0a9ce4111c6a.png]](http://village.photos/images/user/e757e3f7-e1e2-4d25-8832-1290825314d9/ab56aafb-dbb4-4f70-93b2-0a9ce4111c6a.png)
I've been wondering what would happen next for Hercules Capital. They are absolutely flush with cash. Well, today I got my answer.
https://investor.htgc.com/news-events/pr...ental-cash
They didn't bump up the .33 cents/share standard dividend. Instead, they bumped up the supplemental dividend from .07 to .15, for a total dividend of .48 cents per share. They did, however, state that the supplemental dividend will last the whole year.
So, overall this is great news. I guess they are sticking with the supplemental dividend so that no one gets disappointed if next year they can't maintain their current cash flow.