Latest news with #HorizonTechnologyFinance
Yahoo
29-07-2025
- Business
- Yahoo
Highest Dividend Strategy: What Makes Horizon Technology Finance Corporation (HRZN) Stand Out
Horizon Technology Finance Corporation (NASDAQ:HRZN) is included among the 10 Stocks with Highest Dividend to Buy Right Now. A financial adviser looking over a portfolio of securities and stocks. Horizon Technology Finance Corporation (NASDAQ:HRZN) is a specialty finance firm that provides loans and makes investments in early-stage companies operating in sectors like technology, life sciences, healthcare information and services, and clean technology — collectively known as its Target Industries. In the first quarter of 2025, Horizon Technology Finance Corporation (NASDAQ:HRZN) reported net investment income of $0.27 per share, reflecting its ongoing commitment to sustaining shareholder distributions. Despite facing broader economic headwinds, it expanded its debt portfolio by $20 million during the quarter. Horizon Technology Finance Corporation (NASDAQ:HRZN) also boosted its committed and approved investment pipeline to $236 million, laying a solid foundation for continued portfolio growth. CFO Dan Trolio highlighted the company's strong financial position, noting $126 million in available liquidity, including $77 million in cash and $49 million accessible through credit lines. The company maintained a debt-to-equity ratio of 1.54:1, with net leverage at 1.29:1. Horizon Technology Finance Corporation (NASDAQ:HRZN) is among the best stocks with the highest dividend, maintaining its payouts for 16 consecutive years. The company currently offers a monthly dividend of $0.11 per share for a dividend yield of 15.94%, as of July 27. While we acknowledge the potential of HRZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Auto Blog
06-06-2025
- Automotive
- Auto Blog
SparkCharge Raises $30.5 Million To Bring Mobile EV Charging Everywhere You Go
Mobile EV charging company gets massive influx of cash so you can charge your EV anywhere Mobile EV charging company gets massive influx of cash so you can charge your EV anywhere Infrastructure is a significant headache for electric vehicle (EV) owners. EV sales appear to be outpacing infrastructure improvements and expansion, with most drivers opting to seek out fast chargers and crowd hubs, such as Tesla's renowned Supercharger installations. If SparkCharge has its way, though, infrastructure concerns may soon be a thing of the past. 0:00 / 0:09 Audi A5 replaces A4: So, what's changed? Watch More The company recently raised $30.5 million through a Series A-1 funding round led by Monte's Fam ($15.5 million) and a '$15 million venture loan facility provided by Horizon Technology Finance Corporation.' SparkCharge aims to use this money to expand all three of its offerings through the United States, Canada, and Mexico. 'We're excited with the progress we've made being first to market with our off-grid EV Charging Network,' said David Piperno, CFO of SparkCharge. 'In addition to closing our Series A-1 and Venture Debt funding, we've also secured non-dilutive financing with CSC Leasing that enables us to finance our equipment requirements to continue to support our growth.' SparkCharge Mobile Charging What SparkCharge does SparkCharge bills itself as a 'Charging-as-a-Service' (CaaS) company with three core offerings: permanent charger installations, mobile battery charging, and off-grid power hubs. The first is an EV charger, as you know it – built-in chargers where you pull in to charge your vehicle. However, SparkCharge also offers site planning and other services for landowners who want to install charging stations without worrying about the logistics. Mobile battery charging is the company's more enticing offer and is at the core of its CaaS branding. The company provides mobile charging for fleets of vehicles or individual vehicles wherever you are as either a white-glove service or for fleet managers or drivers to charge themselves as needed. Think of it like DoorDashing an EV fast-charger (that you have to return, of course). Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Finally, SparkCharge offers an 'Off-Grid Power Hub,' a propane-powered charging station designed to serve as a reliable charging source for extended periods. A propane-powered generator charges the lithium cells in the hub, which can then be used to charge your electric vehicle. Since the Power Hub uses a generator, it can be parked anywhere and used for as long as it has propane to keep the generators running. SparkCharge recently served as the official charging partner for the 2025 Masters golf tournament, which is held at the Augusta National Golf Club in Augusta, Georgia. The venue doesn't support voluminous EV charging for a crowd, making SparkCharge's services critical at that moment. SparkCharge showed up to meet the demands of those attending the event and was gone without a physical trace once the event concluded. SparkCharge Roadie Final thoughts Although SparkCharge doesn't promote it, its original service—the Roadie—might be its most enticing option for those of us not managing a fleet, going off-grid long enough to worry about charging an EV or trying to install power hubs in a parking garage. The Roadie is a 70-pound portable battery pack meant to let you power up on the go. Although it's intended for businesses, the Roadie remains the most attractive portable EV charging solution we've seen. It could (should?) be a subscription service for everyone. About the Author Nate Swanner View Profile
