Hercules Technology Growth (HTGC) Declares $0.31 Quarterly Dividend; 9.3% Yield
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Hercules Announces Strong Second Quarter Financial Results with $0.32 NII per Share and a $0.31 Quarterly Dividend
August 4, 2016 4:08 PM EDTNet Investment Income NII Exceeds Dividend Payout at 103% Coverage
Q2 2016 Financial Highlights
$0.32 per share, or $23.4 million of Net Investment Income, an increase of 39.2% year-over-year $0.34 per share, or $25.0 million of Distributable Net Operating Income, or DNOI, a non-GAAP measure, an increase of 31.0% year-over-year 14.2% increase in Total Investment Income for Q2 2016 of $43.5 million, as compared to $38.1 million in Q2 2015 14.4% GAAP Effective Yields $159.8 million of Gross New Debt and Equity Fundings $254.7 million of liquidity available for future portfolio and... More