Is HTGC a Friend, Question Mark or Foe?

HTGC is classified a Friend under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the HTGC distribution?

A Friend is an income asset whose long-term economic total return has historically covered its distributions and whose distribution has been stable over the available history. It describes a track record of durable, well-covered income.

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HTGC Income Quality Score

Name: HTGC Income Quality Score
Creator: Income Quality Score
Keywords: HTGC income quality, HTGC dividend quality, HTGC dividend safety, HTGC distribution history, HTGC dividend score, HTGC analysis, Hercules Capital, Inc. dividend

Hercules Capital, Inc. (HTGC) has an Income Quality Score of 75/100, classified as a Friend with high confidence, based on a 10-year income and total-return history.

Hercules Capital, Inc. (HTGC) is a business development company (BDC) and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year

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Long-term focused10-year income and total-return analysis

Data-drivenObjective scoring across 7 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

75/100

FriendHigh confidence

Asset Type

BDC

Exchange

NYSE

Trailing Yield (TTM)

11.5%

Rank in BDC Universe

4 of 44

Lookback

10-year

Data as of

June 30, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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HTGCHercules Capital, Inc.

75FriendHigh confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 10-year
Asset type: Business Development Company

IQ Score History

Not enough published history yet to draw a trend.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

63/100

Distribution Cut Score

100/100

Distribution Trend

45/100

Total Return

98/100

Max Drawdown

53/100

Volatility

64/100

Yield Consistency

92/100

What is working

Strong long-term total return
No material annual distribution decline across 10 full years of data

Distribution Safety

12Years raised

0Years cut

22Years of data

DownCurrent trend

High confidence (10-year history)

20050.025Held
20061.29Raised
20071.2Lower total
20081.32Raised
20091.26Lower total
20100.8Lower total
20110.88Raised
20120.95Raised
20131.11Raised
20141.24Raised
20151.24Held
20161.24Held
20171.24Held
20181.26Raised
20191.33Raised
20201.3Lower total
20211.62Raised
20221.82Raised
20231.9Raised
20241.92Raised
20251.88Lower total
20260.87Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.