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home / news releases / HRZN - Horizon Technology: Time To Be Careful (Rating Downgrade)


HRZN - Horizon Technology: Time To Be Careful (Rating Downgrade)

2024-03-14 23:17:39 ET

Summary

  • Horizon Technology reported better than expected NII for Q4 and supported its dividend with net investment income.
  • The BDC reported a near-7% drop in net asset value due to investment losses.
  • Because of soaring NII, Horizon Technology disclosed a higher dividend safety margin.
  • The dividend should be safe in the short term, but the risk profile has deteriorated.

For further details see:

Horizon Technology: Time To Be Careful (Rating Downgrade)
Stock Information

Company Name: Horizon Technology Finance Corporation
Stock Symbol: HRZN
Market: NASDAQ
Website: horizontechfinance.com

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