Home Dividends Analysis Dividend Ideas Financials Summary Hercules Capital remains a hold due to its 37% premium to book value, limiting total return potential despite strong fundamentals. HTGC's portfolio quality is exceptional, with only 0.9% in 4-5-rated investments and a best-in-period weighted rating of 2.11 as of Q1 2026. Management's conservative underwriting and focus on high switching-cost software companies mitigate sector risks, with AI seen as a net positive. Regular dividends appear well-covered, but declining portfolio yields may jeopardize ongoing supplemental payments, reinforcing a cautious stance. Tippapatt/iStock via Getty Images I've owned Hercules Capital ( HTGC ) for quite some time now. But it's not on my shopping list. In fact, I published an article putting it on hold back in June 2025. So I did not buy a single share Analyst’s Disclosure: I/we have a beneficial long position in the shares of HTGC, ARCC, GBDC either through stock ownership, options, or other derivatives.…