Horizon Technology Finance Lowers Quarterly Dividend From $0.33 To $0.18 Per Share
Benzinga Newsdesk 8 months ago
NewsDividends
Horizon Technology Finance Corporation (NASDAQ:HRZN) ("Horizon") (the "Company"), an affiliate of Monroe Capital, announced today that its board of directors has declared monthly cash distributions of $0.06 per share,
Horizon Technology Finance Corporation (NASDAQ:HRZN) ("Horizon") (the "Company"), an affiliate of Monroe Capital, announced today that its board of directors has declared monthly cash distributions of $0.06 per share, payable in each of April, May and June 2026. The following tables show these distributions, payable as set forth in the tables below, total $0.18 per share. Since its 2010 initial public offering, Horizon has paid a total of $360 million in distributions to its shareholders.
Monthly Distributions Declared in First Quarter 2026
| Ex-Dividend Date | Record Date | Payment Date | Amount per Share |
| March 16, 2026 | March 16, 2026 | April 15, 2026 | $0.06 |
| April 16, 2026 | April 16, 2026 | May 15, 2026 | $0.06 |
| May 18, 2026 | May 18, 2026 | June 16, 2026 | $0.06 |
| Total: | $0.18 |
Horizon's board of directors ("Board") sets the level of distributions for each quarter based on its results of operations, spillover income and longer-term outlook, including expected operating results for the current fiscal year, taking into account the expected impact of the Company's anticipated merger with Monroe Capital Corporation.