Hercules Capital, Inc. (NYSE: HTGC) announced on February 11, 2025, that its Board of Directors declared a total cash distribution of $0.47 per share for the fourth quarter of 2024. This distribution comprises a $0.40 per share base distribution and a $0.07 per share supplemental distribution.
The record date for this distribution is set for February 26, 2025, with the payment date scheduled for March 5, 2025. This declaration is consistent with the company's variable distribution policy, which aims to distribute a significant portion of its taxable income.
The continued payment of a supplemental distribution reflects Hercules Capital's strong financial performance and its ability to generate income in excess of its base distribution. This provides consistent returns for shareholders and demonstrates effective capital management.
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