Horizon Technology Finance (HRZN) Misses Q3 EPS by 3c, Raises Dividend 12.5%
Horizon Technology Finance (NASDAQ: HRZN) reported Q3 EPS of $0.36, $0.03 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $6.4 million versus the consensus estimate of $6.54 million.
On November 8, 2011, Horizon's Board of Directors declared a third quarter dividend of $0.45 per share, payable on November 30, 2011 to stockholders of record on November 23, 2011. The Company expects the dividend to be paid from taxable earnings with specific tax characteristics reported to stockholders after the end of the 2011 calendar year.
On November 8, 2011, Horizon's Board of Directors declared a third quarter dividend of $0.45 per share, payable on November 30, 2011 to stockholders of record on November 23, 2011. The Company expects the dividend to be paid from taxable earnings with specific tax characteristics reported to stockholders after the end of the 2011 calendar year.