Cash Dividend On The Way From Horizon Tech Finance Corporation (HRZN)

Looking at the universe of stocks we cover at Dividend Channel, on 5/16/13, Horizon Tech Finance Corporation (HRZN) will trade ex-dividend, for its monthly dividend of $0.115, payable on 6/17/13. As a percentage of HRZN's recent stock price of $14.33, this dividend works out to approximately 0.80%, so look for shares of Horizon Tech Finance Corporation to trade 0.80% lower — all else being equal — when HRZN shares open for trading on 5/16/13.

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Below is a dividend history chart for HRZN, showing historical dividends prior to the most recent $0.115 declared by Horizon Tech Finance Corporation:

HRZN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HRZN is likely to continue, and whether the current estimated yield of 9.63% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of HRZN shares, versus its 200 day moving average:

Horizon Tech Finance Corporation 200 Day Moving Average Chart

Looking at the chart above, HRZN's low point in its 52 week range is $13.25 per share, with $18.17 as the 52 week high point — that compares with a last trade of $14.34.

In Tuesday trading, Horizon Tech Finance Corporation shares are currently up about 0.2% on the day.

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