Company Name: Horizon Technology Finance Corporation

Stock Symbol: HRZN

Industry: Business Development Company (BDC)

Sector: Financial Services

Employees: Approximately 25

Company Summary:

Horizon Technology Finance Corporation (HRZN) is a publicly traded Business Development Company (BDC) that provides secured loans to venture capital-backed companies in the technology, life sciences, healthcare information and services, and cleantech industries. The company’s investment objective is to generate current income from its debt investments and to a lesser extent, capital appreciation from the warrants it receives when making these loans.

HRZN focuses on making debt investments in companies at various stages of development, typically with a strong emphasis on early to mid-stage growth companies. The company’s portfolio primarily consists of secured first lien loans and, to a lesser extent, second lien loans. HRZN targets businesses with innovative technologies and services, high growth potential, and strong venture capital sponsorship.

Managed by Horizon Technology Finance Management LLC, HRZN benefits from the extensive industry experience and investment expertise of its advisor. The management team employs a disciplined investment process that includes thorough due diligence, comprehensive credit analysis, and active portfolio management to ensure the quality and performance of its investments while effectively managing risk.

Why HRZN is a Good Dividend Investment:

Horizon Technology Finance Corporation is an appealing option for income-focused investors due to its high dividend yield, supported by a well-managed and diversified portfolio of secured loans to high-growth, venture-backed companies. As a BDC, HRZN is required to distribute at least 90% of its taxable income to shareholders, ensuring regular and substantial dividend payouts.

HRZN’s focus on high-quality debt investments and its disciplined approach to credit and risk management provide a solid foundation for generating stable income. The company’s emphasis on venture-backed companies in high-growth industries offers significant upside potential through both interest income and equity appreciation. Additionally, the diversified nature of HRZN’s portfolio across various sectors helps to mitigate risks associated with any single industry.

Despite the inherent risks in lending to early and mid-stage growth companies, HRZN’s strategic investment approach, commitment to credit quality, and experienced management team make it a compelling choice for investors seeking reliable and attractive dividend income.

URLs:

Horizon Technology Finance Corporation Website

Horizon Technology Finance Corporation LinkedIn

Summary:

Horizon Technology Finance Corporation operates as a Business Development Company focusing on secured loans to venture-backed companies in technology, life sciences, healthcare information and services, and cleantech industries. With a portfolio actively managed to balance income generation and risk, HRZN aims to provide attractive risk-adjusted returns through its diversified investment strategy. As a high dividend-yield investment, HRZN is appealing for income-focused investors, owing to its obligation to distribute a majority of its earnings and its strategic risk management practices. This makes it a compelling choice in the dividend investment landscape.

Reminder: past performance is not indicative of how an investment will perform in the future, before making any investment decisions based on this information, and/or the information contained on the website, refer to the TERMS OF SERVICES.

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