Good News For BDC Investors In 2027

Business Development Companies (BDCs) face sector headwinds, but improving loan terms and reduced competition signal earnings recovery potential into 2027. Key metrics to monitor include NAV growth, non-accrual rates, net investment income trends, and reliance on PIK interest income for dividend sustainability.

Seeking Alpha • Aug 31, 2026

3 BDCs Yielding Big. A Roth Is the Only Place They Make Sense

Business development companies are engineered to move cash out the door: by statute, a BDC must distribute at least 90% of taxable income to shareholders, and the bulk of that income lands on your 1099 as ordinary, not qualified.

24/7 Wall Street • Aug 25, 2026

Bragar Eagel & Squire, P.C. is Investigating Hercules Capital, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C.  Litigation Partner  Brandon Walker  Encourages Investors Who Suffered Losses In Hercules (HTGC) To Contact Him Directly To Discuss Their Options

GlobeNewsWire • Aug 20, 2026

Hercules Capital Receives a BBB+ Affirmed Investment Grade Corporate and Credit Rating from Kroll Bond Rating Agency, Inc.

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc. (“KBRA”) has affirmed Hercules' investment grade corporate and credit rating of BBB+. KBRA issued a statement announ.

Business Wire • Aug 19, 2026

Hercules Capital: Portfolio Metrics Warrant An Upgrade To Buy

Hercules Capital earns a BUY rating due to strong fundamentals, stable NAV, and robust portfolio performance in the venture lending space. HTGC's non-accruals remain low at 0.3%, leverage has declined, and the credit profile is clean, supporting income durability. Distribution coverage is solid with a $0.40 base dividend (11.1% yield), a $0.92 per share spillover, and NII per share steady at $2.00.

Seeking Alpha • Aug 18, 2026

3 Ultra-High-Yield Stocks Wall Street Forgot to Mention for August

Income investors chasing yield tend to gravitate to the same handful of REITs and MLPs, but three finance-sector payers with materially higher yields keep getting overlooked.

24/7 Wall Street • Aug 6, 2026

Hercules Capital: 0.1% Non-Accruals, 125% Coverage, Top BDC Value

Hercules Capital remains a top private credit BDC, excelling in new tech sector fundings and portfolio growth in the second-quarter. HTGC delivered strong fundings and net investment income growth while maintaining robust dividend coverage with a 125% coverage ratio in Q2'26. Non-accrual ratios remain exceptionally low at 0.1%, underscoring superior credit quality versus peers like ARCC, OBDC, and BXSL.

Seeking Alpha • Aug 6, 2026

Hercules Capital: Net Asset Value And Dividend Coverage Expands

Hercules Capital's net asset value rose to $12.15 per share during the second quarter on the back of healthy net investment income and realized gains. Total investment income grew 8.5% year-over-year, with new originations of $927.3 million and effective yield expanding by 60 basis points sequentially to 13.4%. HTGC's dividend coverage was up by 400 basis points sequentially, with its dividend yield at 11.5% and non-accrual rate muted at 0.1% of its investment portfolio at fair value.

Seeking Alpha • Aug 4, 2026

Hercules Capital: Strong Growth But Valuation Leaves Little Room For Error

Hercules Capital is rated Buy at $16.40, targeting $18–$19.50 in 12–18 months, with an attractive income-driven return profile. HTGC benefits from record venture capital activity and a fast-growing Adviser business but faces a concentrated AI lending environment and early loan repayments. Dividend yield is 9.8% base (11.5% total), well-covered by NII, but credit quality trends and premium to NAV require close monitoring.

Seeking Alpha • Aug 3, 2026

Hercules Capital: The Software Panic Was Overblown

Hercules Capital remains a strong buy, with robust Q2 earnings, attractive price-to-NAV, and well-supported distributions. HTGC's software sector exposure, once a risk, now positions it for upside as AI and tech sentiment improves. Q2 saw net investment income of $0.50/share, 125% base distribution coverage, and growing spillover income, reinforcing dividend sustainability.

Seeking Alpha • Aug 3, 2026