Dividends4Life: 10% Yield On Tech And Biotech

10% Yield On Tech And Biotech

Posted by D4L | Thursday, December 10, 2020 | | 0 comments »

As we've noted in some of our recent articles, finding attractive dividend yields in the tech sector can be challenging. Those higher tech-based yields exist, but usually not at a single company level. This BDC yields 10.13%. It pays steady monthly $0.10/share distributions - December, January and February payouts and dates already declared. It holds 44% Tech and 51% Life Sciences.

Horizon Technology Finance (HRZN) is a BDC which makes secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and clean tech industries.

Source: Seeking Alpha

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