Headquartered in Farmington, Connecticut, Horizon Technology Finance Corporation (NASDAQ: HRZN) is managed by its advisor Horizon Technology Finance Management LLC. Suite 500 Headquartered in Farmington, Connecticut, Horizon Technology Finance Corporation (NASDAQ: HRZN) is managed by its advisor Horizon Technology Finance Management LLC. Horizon offers not only the capital a company needs to grow, but a deep understanding of the technology and life science markets, strong relationships in the venture debt and capital industries, a proven financing model and years of experience helping companies and their investors succeed. 312 Farmington Avenue Horizon Technology Finance Corporation ('Horizon') is a closed-end, externally managed investment company that primarily makes secured loans to development-stage companies in the technology, life science healthcare information and services and cleantech industries. Horizon Technology Finance Corp is based out of Farmington. The company's filing status is listed as Automatic Dissolution and its File Number is 429505. Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. Undistributed spillover income can be used to fund shareholder distributions in future periods, providing an additional level of dividend safety. 20190, “With their experience in lending to healthcare and technology companies, Horizon was able to structure a financing facility that met our specific needs.”, Steve Krupa Co.'s investment objective is to maximize its investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Suite 203 Well, according to its latest earnings report, Horizon Technology Finance Corp generated net investment income of $0.34 per share in the third quarter of 2020. CEO of IgnitionOne, “We are excited to have Horizon as a financial partner given its considerable experience with companies bringing new, innovative technologies to market.”, Fred Dinger Horizon’s selective origination ensures that Horizon and its prospect are not spending valuable time and energy when venture debt is not the right solution. Horizon applies leading-edge research and disruptive financial engineering to empower advisors and help achieve real-world outcomes for investors. The members of the Horizon team have, collectively, originated and invested more than $5 billion in venture loans to thousands of companies. At the same time, it makes more frequent distributions than most companies. View the latest quote, returns and news for Horizon Technology Finance Corp. (HRZN). CEO of HealthEdge, “Horizon’s experienced team of lending experts structured a financing solution designed to support our go-to-market strategy.”, Frank Fawzi Horizon’s venture debt products have become a valuable tool in the equity investors’ toolbox to fund the growth of its portfolio companies, while maximizing returns on equity. Headquartered in Farmington, CT, the company’s investment objective is to “maximize our investment portfolio’s return by generating current income from the debt investments we make and capital appreciation from the warrants we receive when making such debt investments.” (Source: “Fact Sheet,” Horizon Technology Finance Corp, last accessed November 11, 2020. Horizon Applied Technology Corp. is a Michigan Domestic Profit Corporation filed on April 1, 1992. Here’s the neat part: because Horizon is structured as a business development company (BDC), it must return at least 90% of its profits to investors through dividends. (860) 674-9977 It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. Horizon Technology Finance Corp. Stock (NASDAQ) HRZN Dividend policy No Change Price as of: DEC 09, 11:00 AM EDT $12.84 -0.11 -0.85% HRZN: NASDAQ (Stock) Horizon Technology Finance Corp. Dividend policy No Change Price as of: DEC 09, 11:00 AM EDT $12.84 -0.11 -0.85% Find real-time HRZN - Horizon Technology Finance Corp stock quotes, company profile, news and forecasts from CNN Business. Horizon’s financing solutions are tailored to each company’s unique funding needs and business and development plans. 94566, Horizon Technology Finance With today’s ultra-low interest rates, most income investors would be pretty happy to earn a dividend yield of five percent. Megan Bacon - Marketing Support Manager. Horizon Technology Finance is an externally managed, non-diversified, closed-end investment company. CFO and Chief Operating Officer of Palatin, CFO and Chief Operating Officer of Palatin, Security: First lien or first lien behind a bank revolver. Horizon balances its inherent optimism with a selective origination and a rigorous underwriting process. Co.'s investment objective is to maximize its investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Find the latest dividend history for Horizon Technology Finance Corporation Common Stock (HRZN) at Nasdaq.com. Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. Horizon Technology Finance Corporation operates as an externally managed, closed-end, non-diversified management investment company. Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare … LendingPartner. All rights reserved. At this point, it’s important to remember that, as is the case with any stock, HRZN stock’s dividends are not carved in stone. This balance of debt and equity capital makes Horizon a perfect partner for its portfolio companies, their employees and their investors. Horizon Technology Finance Corp is a specialty finance company. Will Margiloff While the amount represented a decline from the $0.42 per share earned in the year-ago period, it was in excess of the company’s three monthly dividends totaling $0.30 per share paid for the quarter. You can opt-out at anytime. 06032, Horizon Technology Finance This is a look at Horizon Technology Finance Corp (NASDAQ:HRZN), a monthly dividend stock with an annual yield of 10.3%. We hate spam as much as you do. The Company's investment objective is to maximize investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Senior Vice President & CFO Horizon Technology Finance Corp (NASDAQ:HRZN) Q3 2020 Earnings Conference Call November 4, 2020 9:00 AM ET. We hate spam as much as you do. View mutual fund news, mutual fund market and mutual fund interest rates. HRZN | A complete Horizon Technology Finance Corp. mutual fund overview by MarketWatch. In fact, the monthly dividends it just declared are the exact same amount it was paying before the pandemic. “Horizon’s experienced team of venture lending professionals provided us an attractive source of capital to drive IgnitionOne’s future growth. In exchange for meeting that mandatory distribution requirement, BDCs do not have to pay income tax at the corporate level. So, the big question now is: Can the company afford its current payout level? Horizon is a leading venture lending platform that thoughtfully and creatively provides structured debt products to life science and technology companies. Horizon provides portfolio companies with meaningful debt capital that can be used like equity capital, but that has a much lower cost and dilution to investors and employees. Company Participants. Like its portfolio companies, Horizon is optimistic and forward-looking. dtrolio@horizontechfinance.com, Horizon Technology Finance We have now covered our distributions with NII for the past 3 years.” (Source: “Horizon Technology Finance Corp (HRZN) CEO Robert Pomeroy on Q3 2020 Results – Earnings Call Transcript,” Seeking Alpha, November 4, 2020.). Horizon realizes that the success of its portfolio companies is not solely dependent on financing alone. Horizon has been focused on the data center for over 20 years, working with the most recognizable names in the industry. This is an entirely free service. Last Price $12.70 NASDAQ Previous Close - Last Trade as of 1:00PM ET 11/27/20 Check out our privacy policy. NEW YORK, NY / ACCESSWIRE / November 4, 2020 / Horizon Technology Finance Corp. Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. Horizon offers growth-oriented loans to finance a variety of business activities. This is an entirely free service. Sound too good to be true? Horizon Technology Finance Corporation is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Horizon’s goal is not to simply get a deal done, but to provide a successful financing solution that will propel a portfolio company forward. Horizon Technology Finance After all, a 10-year U.S. government bond yields a measly 0.8%, while the average dividend yield of S&P 500 companies stands at just 1.7%. Horizon is a leading venture lending platform that thoughtfully and creatively provides structured debt products to life science and technology companies. As the world’s largest distributor of factory recertified drives for Seagate, WDC, and Toshiba, we offer unparalleled technical expertise and the highest levels of … For each investment opportunity, Horizon carefully evaluates the company’s management team, investors, equity history, technology value, intellectual property and other critical factors. No credit card required. Check out our privacy policy. No credit card required. Horizon Technology Finance is an externally managed, non-diversified, closed-end investment company. Of course, high-yield stocks are not really known for their dividend safety, especially in this year’s challenging economic environment caused by COVID-19. Get Horizon Technology Finance Corp (HRZN:NASDAQ) real-time stock quotes, news and financial information from CNBC. (Source: “Horizon Technology Finance Announces Third Quarter 2020 Financial Results,” Horizon Technology Finance Corp, November 3, 2020.). Barron's provides information on holdings, historical returns and other key fund data. Set Alert Options Streaming Charts. No part of this document may be used or reproduced in any manner or means, including print, electronic, mechanical, or by any information storage and retrieval system whatsoever, without written permission from the copyright holder. About Horizon Technology Finance. 47912 Halyard Dr, Suite 100 Plymouth, Michigan 48170. Well, on November 3, the company announced that its board of directors declared monthly cash dividends of $0.10 per share, payable in January, February, and March 2021. 1818 Library Street Since 2004, Horizon has directly originated and invested more than $2 billion in venture loans to more than 250 growing companies. Horizon Technology Finance Corp HRZN:NASDAQ. We’re an award-winning investment solutions provider, dedicated to making an impact on the people and communities we touch. The Horizon Technology Finance Corporation stock holds sales signals from both short and long-term moving averages. Dividend Stocks,Horizon Technology Finance Stock, https://www.incomeinvestors.com/wp-content/uploads/2020/11/green-money-american-money-cash-money-stacks-of-money_t20_G0Ko9o-150x150.jpg, Horizon Technology Finance Announces Monthly Distributions for January, February and March 2021 Totaling $0.30 per Share, Horizon Technology Finance Announces Third Quarter 2020 Financial Results, Horizon Technology Finance Corp (HRZN) CEO Robert Pomeroy on Q3 2020 Results – Earnings Call Transcript. Horizon Technology Finance Corp HRZN Morningstar Rating Rating as of Dec 7, 2020. At the end of September, the company’s debt portfolio consisted of 34 secured loans, with an aggregate fair value of $298.9 million. At the same time, it makes more frequent distributions than most companies. Oasis Midstream Partners LP: Is This 20% Yield for Real? Horizon Technology, Inc. is a Michigan Domestic Profit Corporation filed on June 27, 1990. The Registered Agent on file for this company is Ali Mokbel and is located at 6127 Orchard, Dearborn, MI 48126. CEO of IntelePeer. Also, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. And yet, Horizon Technology Finance Corp (NASDAQ:HRZN) manages to offer an annual dividend yield above the double-digit mark. 349 Main Street This upfront communication serves as a gateway to a smooth underwriting and approval process. If you follow double-digit yielders, you’d know that, in recent months, dividend cuts have not been uncommon. You can opt-out at anytime. Well, Horizon is a specialty finance company that invests in venture-capital-backed companies in the technology, life sciences, health-care information and services, and sustainability industries. Lending to venture-capital-backed companies in fast-growing industries is very lucrative. Pleasanton, CA ), With a strong focus on income generation, most of Horizon’s portfolio is invested in debt instruments. Machine learning, cloud computing and storage, communications/wireless, cybersecurity, data analytics, internet and media, networking, software and other related emerging technologies. Horizon, though, did not reduce its payout. Horizon Technology Finance Corporation operates as an externally managed, closed-end, non-diversified management investment company. Biotechnology, medical device, drug delivery, genetics, specialty pharmaceuticals, R&D instrumentation. Alternative fuels, energy efficiency, green building materials, agbio, foodtech, water technology, and other related sustainability technologies. Directly originated and invested more than $ 2 billion in venture loans to more than 250 growing companies same! News and forecasts from CNN business Profit Corporation filed on June 27, 1990 be... 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