Hercules Capital, Inc. announced that its board of directors has declared a new supplemental cash distribution of $0.32 per share, to be distributed equally over four quarters beginning with an $0.08 per share distribution for the fourth quarter of 2023. This $0.08 supplemental cash distribution will be paid out of Hercules? undistributed taxable income (taxable income in excess of distributions paid) as of December 31, 2023.

The following shows the key dates of the supplemental distribution payment: Record date is on February 28, 2024 and payment date is on March 6, 2024. This $0.08 supplemental cash distribution is in addition to the previously announced regular quarterly cash distribution that Hercules declared for the fourth quarter of 2023 of $0.40 per share.