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Stock impact report

Billionaires Are Buying These 2 Ultra-High Yield Dividend Stocks Hand Over Fist. Are They Smart Buys for Your Portfolio? [Yahoo! Finance]

Hercules Capital, Inc. (HTGC) 
Last hercules capital, inc. earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.htgc.com
Company Research Source: Yahoo! Finance
Billionaire hedge fund manager Ken Griffin more than tripled Citadel Advisors' position in Hercules Capital (NYSE: HTGC) during the last three months of 2023. Hercules offers a yield that's more than six times the average dividend-paying stock in the benchmark S&P 500 index. It isn't the only ultra-high-yield stock that billionaires have been buying hand over fist, either. Israel Englander raised Millennium Management's bet on tobacco giant Altria Group (NYSE: MO) by 51% to more than 2.2 million shares in the fourth quarter of 2023. Hercules Capital Hercules Capital is a business development company ( BDC ) that lets everyday investors get in on the ground floor with innovative tech and life science businesses. Its investments include a mixed bag of successful companies, including Axsome Therapeutics Palantir Technologies , and Transmedics Group Investors seeking passive income like to buy BDCs because these businesses don't have to pay income taxes as long as they return at l Show less Read more
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