Hercules Capital (HCXY) Dividend Coverage Ratio (2021 - 2026)
Hercules Capital's (HCXY) quarterly Dividend Coverage Ratio came in at 0.69 in Q2 2026, down 97.68% year-over-year from 29.52 in Q2 2025, and up 2.89% quarter-over-quarter from 0.67 in Q1 2026.
Analysis
Hercules Capital (HCXY) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
Hercules Capital has disclosed Dividend Coverage Ratio across 6 years of filings, most recently posting 0.69 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio fell 97.68% year-over-year to 0.69; the TTM figure through Jun 2026 stood at 0.91 (down 37.47% YoY), while the FY2025 annual figure was 0.71, down 7.43% from the prior year.
- Dividend Coverage Ratio came in at 0.69 for Q2 2026 at Hercules Capital, up from 0.67 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 36.94 in Q2 2024 to a low of 0.38 in Q1 2022.
- Average Dividend Coverage Ratio over 5 years is 8.5, with a median of 0.76 recorded in 2024.
- Year-over-year, Dividend Coverage Ratio surged 1055.8% in 2022 and slumped 97.68% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 0.94 in 2022, then fell by 3.88% to 0.91 in 2023, then slipped by 18.41% to 0.74 in 2024, then decreased by 7.82% to 0.68 in 2025, then rose by 0.49% to 0.69 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 0.69 in Q2 2026, 0.67 in Q1 2026, and 0.68 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 0.42 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 0.43 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 0.29 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 1.89 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 0.18 |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 0.69 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | -0.06 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | -0.63 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.69 |
| Mar 31, 2026 | 0.67 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 28.41 |
| Jun 30, 2025 | 29.52 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 32.68 |
| Jun 30, 2024 | 36.94 |
| Mar 31, 2024 | 0.79 |
| Dec 31, 2023 | 0.91 |
| Mar 31, 2023 | 0.71 |
| Dec 31, 2022 | 0.94 |
| Sep 30, 2022 | 0.84 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.08 |