Hercules Technology Growth (HTGC) Declares $0.31 Quarterly Dividend; 11% Yield

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

November 5, 2015 4:07 PM EST

Q3 2015 Distributable Net Operating Income, or DNOI, of $25.8 million, or $0.36 per share, up 35.3% and 33.3% quarter-over-quarter, respectively Q3 2015 Net Investment Income, NII of $23.6 million, or $0.33 per share, up 40.6% and 43.5% quarter-over-quarter, respectively New Equity and Debt Commitments year-to-date of $628.9 million Total Gross Fundings year-to-date totaled $532.0 million, a 28.7% increase over the same period in 2014 Record Q3 Fundings of $158.6 million, an increase of 23.3% compared to the $128.6 million in Q3 2014, making Q3 2015 the best Q3 in the Company history... More