Page title
Section title
- Dividend Yield
- 12%
- Payout Ratio
- 25.58%
- Dividend Amount Per Share
- $1.32
- Last Ex-Dividend Date
- Nov 15, 2024
HRZN Dividend Safety
HRZN paid out 25.58% of its -$17M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
HRZN's Dividend Payout Ratio of 25.58% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
HRZN's Interest Coverage Ratio of 0.982 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
HRZN demonstrates poor income quality with a ratio of -2.914. This indicates low-quality earnings and high risk of dividend cuts.
HRZN Dividend Growth
Horizon Technology Finance Corporation(HRZN) offers a dividend yield of 12% and pays $1.32 in dividends per share. Explore the historical dividend growth of HRZN.
Dividend Stability
HRZN has shown inconsistent dividend payments over the past 11 years with 1 cuts over 5%.
Dividend Growth
HRZN's dividend payments have shown moderate growth, growing by 2.337% annually over the last 5 years.
Earnings Growth
HRZN's earnings have shown very poor growth, shrinking by -37.627% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
HRZN Dividend Yield Attractiveness
Horizon Technology Finance Corporation(HRZN) provides a dividend yield of 12%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.14%
3.73%
9.81%
12%
Dividend Yield
HRZN's dividend yield of 12% is considered high compared to the sector average of 3.73%, indicating a higher potential risk for investors.
HRZN Cash Flow
Over the past 12 months, HRZN generated $109M in revenue, produced $7M in free cash flow, and distributed $45M in dividends.
Free Cash Flow Growth
HRZN's free cash flow has grown by 39.482% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
HRZN Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Horizon Technology Finance Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.