Hercules Technology Growth Capital (HTGC): Lending Capital for Startups

HGTC invests in technology firms like Box.

By Brittany VanBibber

Hercules Technology Growth Capital was launched in early 2003, and went public in June 2005, with the goal of helping tech companies get the funding they need. My beat, venture capital, fits with this stock because the company’s purpose is to lend capital. Hercules has financed the growth of companies like Facebook, Trulia, Box, and other technology and life science companies.

It is important to note that while stock price is an indicator of the strength of the company, Hercules is required to pay out a dividend to their shareholders every three months, which is an additional indicator for the performance. Total returns are not just the increase in stock price but also the receipt of cash in the form of dividends.

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