Hercules Capital: This 10% Yielding Cash Cow Is Still Worth Buying

Klaus Vedfelt Hercules Capital, Inc. (NYSE:HTGC) reported robust quarterly earnings for its 1Q last week. The business development company once again covered its dividend with net investment income and achieved another quarter of record total gross fundings. The BDC's income trajectory looks solid, with Hercules Capital seeing 16% YoY total investment income growth, and the company maintained a very strong credit profile. Though Hercules Capital is richly valued, based on net asset value, I continue to see ...