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Horizon Technology Finance Lowers Quarterly Dividend From $0.33 To $0.18 Per Share

Benzinga·03/03/2026 21:45:02
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Horizon Technology Finance Corporation (NASDAQ:HRZN) ("Horizon") (the "Company"), an affiliate of Monroe Capital, announced today that its board of directors has declared monthly cash distributions of $0.06 per share, payable in each of April, May and June 2026. The following tables show these distributions, payable as set forth in the tables below, total $0.18 per share. Since its 2010 initial public offering, Horizon has paid a total of $360 million in distributions to its shareholders.

Monthly Distributions Declared in First Quarter 2026

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
    Total: $0.18

Horizon's board of directors ("Board") sets the level of distributions for each quarter based on its results of operations, spillover income and longer-term outlook, including expected operating results for the current fiscal year, taking into account the expected impact of the Company's anticipated merger with Monroe Capital Corporation.