2024-05-06 23:50:49 ET
Summary
- Hercules Capital reported robust quarterly earnings with record total gross fundings and a strong credit profile.
- The company's loan origination activity exceeded $600 million, indicating potential for special dividends.
- Despite being richly valued, Hercules Capital is seen as a top-notch income vehicle for passive income investors.
Hercules Capital, Inc. ( HTGC ) reported robust quarterly earnings for its 1Q last week. The business development company once again covered its dividend with net investment income and achieved another quarter of record total gross fundings....
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Hercules Capital: This 10% Yielding Cash Cow Is Still Worth Buying