Horizon Technology Finance Corporation (NASDAQ:HRZN) declared a monthly dividend on Wednesday, November 1st, Wall Street Journal reports. Stockholders of record on Monday, January 22nd will be paid a dividend of 0.10 per share by the investment management company on Thursday, February 15th. This represents a $1.20 annualized dividend and a dividend yield of 11.37%. The ex-dividend date is Friday, January 19th.

Horizon Technology Finance Corporation (NASDAQ:HRZN) last released its earnings results on Tuesday, October 31st. The investment management company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.04. The firm had revenue of $6.77 million for the quarter, compared to the consensus estimate of $6.39 million. Horizon Technology Finance Corporation had a return on equity of 9.92% and a net margin of 24.46%.

TRADEMARK VIOLATION NOTICE: This story was reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://theolympiareport.com/2017/11/02/horizon-technology-finance-corporation-hrzn-to-issue-0-10-monthly-dividend.html.

HRZN has been the topic of several research analyst reports. Maxim Group raised Horizon Technology Finance Corporation from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Wednesday, August 23rd. ValuEngine raised Horizon Technology Finance Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $11.00 price objective on shares of Horizon Technology Finance Corporation in a research report on Tuesday, July 25th. Raymond James Financial, Inc. raised Horizon Technology Finance Corporation from an “underperform” rating to a “market perform” rating in a research report on Thursday. Finally, Compass Point raised Horizon Technology Finance Corporation from a “sell” rating to a “neutral” rating and set a $10.00 price objective on the stock in a research report on Monday, August 21st. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $10.75.

About Horizon Technology Finance Corporation

Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to maximize investment portfolio’s total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments.

Dividend History for Horizon Technology Finance Corporation (NASDAQ:HRZN)

Receive News & Ratings for Horizon Technology Finance Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizon Technology Finance Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.