insider buying persists, dividend coverage near 120% supports payouts.
HTGC stands out in BDC turmoil because insiders keep buying while the stock maintains dividend support and ~120% coverage.
Over $2.8 million has been spent by insiders buying HTGC over the past few months, even as many BDCs cut dividends. Hercules Capital claims roughly 120% dividend coverage, non-accruals of 0.1% of the portfolio, and it hasn’t reduced its quarterly dividend for 5 years.