Does Horizon pay a monthly dividend?
Horizon currently pays a monthly dividend of $0.11 per share. The annualized dividend payout of $1.32 represents a yield of 10.4%, based on Horizon's current price. This demonstrates why BDCs are a popular investment for income investors, particularly one that has a yield as high as Horizon.
HRZN pays a dividend of $0.11 per share. HRZN's annual dividend yield is 11.78%.
Dividend History Summary
HRZN currently pays investors $1.32 per share, or 11.79%, on an annual basis. The company increased its dividend 5 times in the past 5 years, and its payout has grown 2.44% over the same time period. HRZN's payout ratio currently sits at 67% of earnings.
Valuation metrics show that Horizon Technology Finance Corporation may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of HRZN, demonstrate its potential to underperform the market. It currently has a Growth Score of F.
It is far more common for dividends to be paid quarterly or annually, but some stocks and other types of investments pay dividends monthly to their shareholders. Only about 50 public companies pay dividends monthly out of some 3,000 that pay dividends on a regular basis.
There are typically 12 dividends per year (excluding specials), and the dividend cover is approximately 1.0.
- Verizon Communications VZ.
- Johnson & Johnson JNJ.
- Philip Morris International PM.
- Altria Group MO.
- Comcast CMCSA.
- Medtronic MDT.
- Pioneer Natural Resources PXD.
- Duke Energy DUK.
| Symbol | Name | Dividend Yield |
|---|---|---|
| CONY | YieldMax COIN Option Income Strategy ETF | 56.65% |
| TILL | Teucrium Agricultural Strategy No K-1 ETF | 55.16% |
| NVD | GraniteShares 2x Short NVDA Daily ETF | 53.09% |
| KMET | KraneShares Electrification Metals Strategy ETF | 52.58% |
HRZN has a dividend yield of 9.77% and paid $1.09 per share in the past year. The dividend is paid every month and the next ex-dividend date is May 16, 2024.
“One mistake to avoid,” Cabacungan says, “is to buy a company's stock simply because it issues a high dividend.” If the company has leveraged excessive debt to fund the dividend, it could come at the expense of future profitability and hurt growth prospects.
Is First Horizon a good stock to buy?
First Horizon's analyst rating consensus is a Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
| Current Price | $ 11.34 |
|---|---|
| Price Prediction | $ 11.59 (2.24%) |
| Fear & Greed Index | 39 (Fear) |
| Sentiment | Bearish |
| Volatility | 1.71% |
Horizon is a leading venture lending platform that thoughtfully and creatively provides structured debt products to life science and technology companies. Horizon's experienced team of investment and operations professionals has been providing debt capital to some of the most exciting companies for decades.
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Stocks in the S&P 500 index currently yield about 1.5% on aggregate. That means, if you have $1 million invested in a mutual fund or exchange-traded fund that tracks the index, you could expect annual dividend income of about $15,000.
The ex-dividend date is the first day the stock trades without its dividend, thus ex-dividend. If you want to get the dividend payment, you need to own the stock by this day. That means you have to buy before the end of the day before the ex-dividend date to get the next dividend. In other words, it's the cut-off date.
Dividends are typically issued quarterly but can also be disbursed monthly or annually. Distributions are announced in advance and determined by the company's board of directors. Companies pay dividends for a variety of reasons, most often to show their financial stability and to keep or attract investors.
There's no limit, and no set amount – you might even pay your shareholders different dividend amounts. Dividends are paid from a company's profits, so payments might fluctuate depending on how much profit is available. If the company doesn't have any retained profit, it can't make dividend payments.
Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.
Are dividends free money?
In reality, dividends are not “free money.” Dividends are an inflexible, tax-inefficient way to receive investment income while reducing the diversification in a portfolio. Focus less on passive income (dividends) and more on passive wealth (capital gains + dividends).
The Coca-Cola Company's ( KO ) dividend yield is 3.32%, which means that for every $100 invested in the company's stock, investors would receive $3.32 in dividends per year. The Coca-Cola Company's payout ratio is 74.22% which means that 74.22% of the company's earnings are paid out as dividends.
What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.
While many dividend-paying stocks dish out cash to shareholders on a quarterly basis, companies that pay monthly dividends can be found among real estate investment trusts (REITs) and business development companies (BDCs).
Vanguard is a large investment advisor offering mutual funds and ETFs, many of which pay dividends. Most of Vanguard's ETF products pay monthly or quarterly dividends.
