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Stock impact report

Horizon Technology Finance: Investment Income, Dividend Coverage, And NAV Are Dipping [Seeking Alpha]

Horizon Technology Finance Corporation (HRZN) 
Last horizon technology finance corporation earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
HRZN faces mounting credit quality concerns, with five investments on non-accrual status and a notable decline in NAV per share to $6.75. Upcoming Fed rate cuts threaten further net investment income declines, as 99% of HRZN's portfolio is floating rate, risking deeper NAV erosion. Despite a decade of stable dividends, HRZN may be forced to cut its payout to preserve NAV amid worsening coverage and credit headwinds. colnihko/iStock via Getty Images Horizon Technology Finance's ( NASDAQ: HRZN ) dividend yield has swelled to its highest level on record. This has come with the business development company ("BDC") trading at a small premium to net asset value ("NAV") per share and faced with mounting This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of TRIN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other Show less Read more
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