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     113  0 Kommentare Horizon Technology Finance Announces Monthly Distributions for July, August and September 2024 Totaling $0.33 per Share

    Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and 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 information and services, and sustainability industries, announced today that its board of directors has declared monthly cash distributions of $0.11 per share, payable in each of July, August and September 2024. The following tables show these distributions, payable as set forth in the tables below, total $0.33 per share. Since its 2010 initial public offering, Horizon has paid a total of $263 million in distributions to its shareholders.

    Monthly Distributions Declared in Second Quarter 2024

    Ex-Dividend Date

    Record Date

    Payment Date

    Amount per Share

    June 17, 2024

    June 17, 2024

    July 16, 2024

    $0.11

    July 17, 2024

    July 17, 2024

    August 15, 2024

    $0.11

    August 16, 2024

    August 16, 2024

    September 13, 2024

    $0.11

     

     

    Total:

    $0.33

    When declaring distributions, Horizon’s board of directors reviews estimates of taxable income available for distribution, which may differ from consolidated net income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of spillover income carried over from a given year for distribution in the following year. The final determination of taxable income for each tax year, as well as the tax attributes for distributions in such tax year, will be made after the close of the tax year.

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    Horizon Technology Finance Announces Monthly Distributions for July, August and September 2024 Totaling $0.33 per Share Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the …