Hercules Technology Growth (HTGC) Declares $0.31 Quarterly Dividend; 9.3% Yield

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Hercules Announces First Quarter 2015 Financial Results and Quarterly Dividend of $0.31 per Share

May 7, 2015 4:05 PM EDT

Q1 2015 Distributable Net Operating Income, or DNOI, of ~$15.7 million, or $0.25 per share Net investment loan portfolio growth, on a cost basis, of ~$133.0 million, up ~14% quarter-over-quarter Total investment assets at fair value of $1.2 billion, up ~14% quarter-over-quarter New debt and equity commitments of ~$271.9 million, up ~75% year-over-year Q1 2015 net realized gains of ~$3.3 million, or $0.05 per share Six portfolio companies completed IPO and M&A liquidity events in Q1 2015 Raised ~$100 million from public... More