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Why NYSE:HTGC is a Top Pick for Dividend Investors.

By Mill Chart

Last update: Feb 28, 2024

Our stock screening tool has identified HERCULES CAPITAL INC (NYSE:HTGC) as a strong dividend contender with robust fundamentals. NYSE:HTGC exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.

Analyzing Dividend Metrics

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:HTGC earns a 7 out of 10:

  • HTGC has a Yearly Dividend Yield of 8.55%, which is a nice return.
  • HTGC's Dividend Yield is a higher than the industry average which is at 7.99.
  • HTGC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
  • The dividend of HTGC is nicely growing with an annual growth rate of 8.65%!
  • HTGC has paid a dividend for at least 10 years, which is a reliable track record.
  • HTGC has not decreased their dividend for at least 10 years, which is a reliable track record.

Health Assessment of NYSE:HTGC

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:HTGC has earned a 5 out of 10:

  • HTGC has a Altman-Z score of 1.53. This is in the better half of the industry: HTGC outperforms 62.19% of its industry peers.
  • A Current Ratio of 2.22 indicates that HTGC has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 2.22, HTGC is in the better half of the industry, outperforming 70.15% of the companies in the same industry.
  • HTGC has a Quick Ratio of 2.22. This indicates that HTGC is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Quick ratio value of 2.22, HTGC is doing good in the industry, outperforming 70.15% of the companies in the same industry.

Profitability Analysis for NYSE:HTGC

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:HTGC has achieved a 8:

  • HTGC has a better Return On Assets (9.78%) than 84.08% of its industry peers.
  • Looking at the Return On Equity, with a value of 18.54%, HTGC belongs to the top of the industry, outperforming 84.08% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 7.15%, HTGC is doing good in the industry, outperforming 77.11% of the companies in the same industry.
  • The last Return On Invested Capital (7.15%) for HTGC is above the 3 year average (5.60%), which is a sign of increasing profitability.
  • With an excellent Profit Margin value of 72.56%, HTGC belongs to the best of the industry, outperforming 95.02% of the companies in the same industry.
  • HTGC's Profit Margin has improved in the last couple of years.
  • HTGC has a better Operating Margin (66.01%) than 96.02% of its industry peers.
  • In the last couple of years the Operating Margin of HTGC has grown nicely.
  • With an excellent Gross Margin value of 83.19%, HTGC belongs to the best of the industry, outperforming 84.08% of the companies in the same industry.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Check the latest full fundamental report of HTGC for a complete fundamental analysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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HERCULES CAPITAL INC

NYSE:HTGC (4/23/2024, 7:04:40 PM)

After market: 18.77 -0.08 (-0.42%)

18.85

+0.16 (+0.86%)

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