Trailing Dividend / Share
$1.42
Hercules Capital, Inc. (HTGC) Dividend History
Income profile from 2005 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
8.6%
Payout Ratio
81.3%
Watch
Dividend Streak
2 years
HTGC Dividend Income Check
Safety
81.3% payout ratio with watch safety profile.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 14.7% and trend is rising.
HTGC Dividend Scorecard
Yield & Income
Dividend Yield8.6%
Trailing DPS$1.42
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout81.3%
Earnings SafetyWatch
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak2 years
3Y CAGR2.0%
5Y CAGR8.7%
Yield on Cost (5Y)14.7%
YOC Trendrising
Total Returns
Buyback Yield0.2%
Total Shareholder Yield8.8%
1Y Total Return5.7%
5Y Total Return48.1%
Div Contribution (5Y)54.3%
Estimated $10K growth (return + dividends):
5Y ago$14,80610Y ago$27,30520Y ago$35,524
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HTGC Income Growth Story
Dividend per share and yield on cost over time (22 years of payments)
HTGC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Hercules Capital, Inc. distributes 81.3% of earnings as dividends (Watch).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
HTGC has raised its dividend for 2 consecutive years, with a 3-year CAGR of 2.0% and 5-year CAGR of 8.7%.
Total Shareholder Returns
Beyond cash dividends, HTGC returns capital through share repurchases. The combined picture: 8.6% dividend yield, 0.2% buyback yield, 8.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 14.7% and is currently rising. The 5-year total return is 48.1%, with dividends contributing 54.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,305 today.
HTGC Recent Dividend Payments
Last 20 payments · Annual
TTM Total$9.53
Avg/Payment$0.4765
Latest Change-13.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 25, 2026Latest | $0.4700 | ↓ -13.0% | 13.37% | Mar 4, 2026 |
| Nov 12, 2025 | $0.5400 | ↑ +14.9% | 11.81% | Nov 19, 2025 |
| Aug 12, 2025 | $0.4700 | ↓ -13.0% | 10.55% | Aug 19, 2025 |
| May 13, 2025 | $0.5400 | — | 11.52% | May 20, 2025 |
| Feb 26, 2025 | $0.5400 | ↑ +12.5% | 9.99% | Mar 5, 2025 |
| Nov 13, 2024 | $0.4800 | — | 10.00% | Nov 20, 2024 |
| Aug 13, 2024 | $0.4800 | — | 10.71% | Aug 20, 2024 |
| May 13, 2024 | $0.4800 | — | 10.06% | May 21, 2024 |
HTGC Dividend vs Peers
Comparable companies in the same industry
#6 yield in peer group
Div Yield
8.6%
#6 of 9
Safety
Watch
81.3% payout
Streak
2Y
8.7% 5Y CAGR
Total Shareholder
8.8%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| HTGCHercules Capital, In… | $3.0B | 8.6% | 81.3% | 2 | Watch |
 ARCCAres Capital Corpora… | $13.8B | 2.0% | — | 0 | Unknown |
 GBDCGolub Capital BDC, I… | $3.5B | 10.4% | 97.9% | 0 | At Risk |
2nd  OBDCBlue Owl Capital Cor… | $5.8B | 12.6% | 1.2% | 0 | Sustainable |
1st  TPVGTriplePoint Venture … | $226M | 18.4% | 83.9% | 0 | Watch |
 GSBDGoldman Sachs BDC, I… | $1.2B | 0.1% | — | 0 | Unknown |
3rd  SLRCSLR Investment Corp. | $761M | 11.8% | 96.7% | 0 | At Risk |
 CGBDCarlyle Secured Lend… | $866M | 0.2% | 1.4% | 0 | Sustainable |
 FDUSFidus Investment Cor… | $705M | 11.4% | 91.6% | 0 | At Risk |
HTGC Annual Dividend History (2004–2026)
23 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.47 | — | 1 | — | — | — | 3.3% |
| 2025 | $2.09 | 8.9% | 4 | $1.85 | 113.0% | 0.89x | 14.7% |
| 2024 | $1.92 | 1.1% | 4 | $1.61 | 119.3% | 0.84x | 13.5% |
| 2023 | $1.90 | -3.6% | 4 | $2.31 | 82.3% | 1.22x | 13.4% |
| 2022 | $1.97 | 27.1% | 4 | $0.79 | 249.4% | 0.40x | 13.9% |
| 2021 | $1.55 | 12.3% | 4 | $1.49 | 104.0% | 0.96x | 10.9% |
| 2020 | $1.38 | 3.8% | 4 | $2.01 | 68.7% | 1.46x | 9.7% |
| 2019 | $1.33 | 5.6% | 4 | $1.71 | 77.8% | 1.29x | 9.4% |
| 2018 | $1.26 | 2.8% | 4 | $0.83 | 151.8% | 0.66x | 8.9% |
| 2017 | $1.23 | -1.2% | 4 | $0.95 | 129.0% | 0.78x | 8.6% |
See HTGC's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonHTGC — Frequently Asked Questions
Quick answers to the most common questions about buying HTGC stock.
How much dividend does HTGC pay per share?
Hercules Capital, Inc. (HTGC) pays a trailing 12-month dividend of $1.42 per share, with a current dividend yield of +8.6%. Payments are made Annual.
When is HTGC's next ex-dividend date?
HTGC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HTGC typically pays dividends Annual.
Is HTGC's dividend safe?
HTGC's dividend safety is rated "Watch" based on an earnings payout ratio of +81.3% and FCF payout ratio of N/A. The 2-year growth streak provides moderate confidence.
How many years has HTGC increased its dividend?
HTGC has 2 consecutive years of dividend growth. The 5-year dividend CAGR is +8.7%.
How often does HTGC pay dividends?
Hercules Capital, Inc. pays dividends Annual. The trailing 12-month total is $1.42 per share. Dividend data on this page covers 21+ years from 2005 to 2026.
How much would $10,000 invested in HTGC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HTGC five years ago would be worth approximately $14,806 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HTGC's yield on cost for long-term holders?
HTGC's yield on cost — the current dividend divided by the original purchase price — is +14.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +8.6% market yield, thanks to consistent dividend growth.