Hercules Capital, Inc. (HTGC) - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on October 26, 2021, by Hercules Capital, Inc., a business development company incorporated in Maryland. The filing primarily serves to announce dividend declarations and references the earnings release for the quarter ended September 30, 2021, which was issued on October 28, 2021.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced press release (Exhibit 99.1) but are not detailed in the body of this Form 8-K.
Material Changes and Dividend Announcements
On October 26, 2021, the Company declared the following dividends payable in November 2021:
- Quarterly Dividend: $0.33 per share.
- Supplemental Dividend: $0.07 per share.
Dividend Schedule:
| Event | Date |
|---|---|
| Ex-Dividend Date | November 9, 2021 |
| Record Date | November 10, 2021 |
| Payment Date | November 17, 2021 |
Guidance, Outlook, and Risks
The filing text does not contain specific management commentary, forward-looking guidance, risk factors, or contingencies. It notes that the earnings press release is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, except as expressly set forth by specific reference.
Investor Verification Checklist
- Verify the total dividend payout of $0.40 per share ($0.33 quarterly + $0.07 supplemental) against the Company's cash position.
- Review the full earnings press release (Exhibit 99.1) for Q3 2021 financial results, as this 8-K does not list specific revenue or net income figures.
- Confirm the ex-dividend date of November 9, 2021, for trade settlement purposes.
- Check the Company's debt covenants to ensure the supplemental dividend declaration complies with existing credit agreements.