Horizon Technology Finance Declares $0.18 in Monthly Distributions for Q2 2026
Horizon Technology Finance Corporation, a specialty finance company focused on venture-backed technology and life sciences firms, announced monthly cash distributions of $0.06 per share for April, May, and June 2026. The company has distributed $360 million to shareholders since its 2010 initial public offering.
Horizon Technology Finance Corporation (NASDAQ: HRZN), a specialty finance company providing secured loans to venture capital-backed technology and life sciences companies, declared monthly cash distributions of $0.06 per share for April, May, and June 2026, totaling $0.18 per share for the quarter. Read more dividend announcements.
The board of directors announced the distributions on March 3, 2026. Since its 2010 initial public offering, Horizon has paid a total of $360 million in distributions to shareholders.
Distribution Schedule
| Ex-Dividend Date | Record Date | Payment Date | Amount Per Share |
|---|---|---|---|
| March 16, 2026 | March 16, 2026 | April 15, 2026 | $0.06 |
| April 16, 2026 | April 16, 2026 | May 15, 2026 | $0.06 |
| May 18, 2026 | May 18, 2026 | June 16, 2026 | $0.06 |
The board sets distribution levels each quarter based on operating results, spillover income, and longer-term outlook, including expected operating results for the current fiscal year. The board also considers the expected impact of the company's anticipated merger with Monroe Capital Corporation.
Horizon reviews estimates of taxable income available for distribution when declaring dividends, which may differ from consolidated net income under generally accepted accounting principles due to changes in unrealized appreciation and depreciation, temporary and permanent differences in income and expense recognition, and spillover income carried over from prior years.
Dividend Reinvestment Plan
Horizon maintains a dividend reinvestment plan that automatically reinvests distributions into additional shares of common stock for stockholders who have not opted out by the distribution record date. The company can satisfy share requirements through new share issuances or open market purchases by the plan administrator.
Newly-issued shares are valued based on the final closing price of Horizon's common stock on a specified valuation date for each distribution as determined by the board. Shares purchased in the open market are valued based on the average purchase price, with Horizon bearing all associated brokerage and other costs.
Horizon Technology Finance is externally managed by Horizon Technology Finance Management LLC, an affiliate of Monroe Capital. The company is headquartered in Farmington, Connecticut, and provides capital primarily in the form of secured loans to companies in the technology, life science, healthcare information and services, and sustainability industries.