Horizon Technology Finance Declares Monthly and Special Dividends
$HRZN · Horizon Technology Finance CorpResearch Summary
AI-generated summary of this SEC filing
Horizon Technology Finance Declares Monthly and Special Dividends
What Happened
Horizon Technology Finance Corporation (HRZN) filed an 8-K on August 4, 2026, announcing its Board declared regular monthly distributions totaling $0.18 per share and special monthly distributions totaling $0.09 per share. The distributions are scheduled as three monthly payments: $0.06 (regular) plus $0.03 (special) each, paid on Oct 15, 2026; Nov 16, 2026; and Dec 15, 2026 to shareholders of record on Sep 16, 2026; Oct 16, 2026; and Nov 17, 2026, respectively. A press release announcing the dividends was attached as Exhibit 99.1 to the filing.
Key Details
- Total regular distributions: $0.18 per share (three monthly payments of $0.06).
- Total special distributions: $0.09 per share (three monthly payments of $0.03).
- Payment schedule (combined $0.09 per payment):
- Payment Oct 15, 2026 — record/ex-dividend date Sep 16, 2026
- Payment Nov 16, 2026 — record/ex-dividend date Oct 16, 2026
- Payment Dec 15, 2026 — record/ex-dividend date Nov 17, 2026
- Combined total to be paid over the three payments: $0.27 per share.
Why It Matters
These declared distributions represent announced cash payments to shareholders and affect expected near-term income from holding HRZN stock. Investors should note the record/ex-dividend and payment dates to determine entitlement and factor the total $0.27 per share over the three payments into yield and income calculations. The filing is informational; it does not provide commentary on sustainability or future dividends beyond the announced payments.