Hercules Technology Growth Capital
Year-to-Date Price Performance: 33%
Dividend Yield: 7.6%
Market Cap: $913 million
Insider Buying: Over the last six months, insiders purchased 23,440 more shares than they sold.
Notes: Hercules, which specializes in venture funding for tech companies, is set up as a business development corporation (BDC). Like REITs, BDCs are pass-through entities that are required to deliver their profits to shareholders in the form of dividends. (They also pay no federal taxes.) But be forewarned that Hercules’ business — investing in startups or giving them unsecured loans — is an inherently risky endeavor.
As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.