Business Development Companies
Earnings and dividend increase (8.3%).
Odd that the CEO and other management
are listed in "insider transactions" as
having sold shares a few weeks ago in the mid-13's.
The stock is now trading over 15.
Did they underestimate HTGC earnings or were
they forced to sell?
With the earnings report and supolemental cash distribution
of 32 cents declared in total
for the next 4 quarters (8 cents/quarter).
This stock is tempting. Current yield with supplemental is now over 12%.
NII provides 121% coverage per Business Wire report.
When I looked at this before, I didn't like its concentration
in only a few sectors known for greater volatility, but apparently that concentration and sector choice has not been detrimental to earnings.
Non-diversified and internally managed.
As of now, I own zero shares of this.
Still hold MAIN, CSWC, ARCC, TVPG, TSLX, PSEC and PNNT.
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|Msg #||Subject||Author||Recs||Date Posted|
|3895||Re: HTGC Reports||PinewoodsBear||0||2/17/2023 10:38:35 AM|
|3899||Re: HTGC Reports||jrad51||6||2/18/2023 10:51:33 AM|