Hercules Technology Growth Capital - Dividends


$69 Million in Historical Dividends Declared Since June 2005 IPO

Hercules Technology has declared $3.07 in dividends per share since our IPO in June 2005.

Increasing Shareholder Value since 2005

            $69 Million in Historical Dividends Declared Since June 2005 IPO
Yearly summary of dividends

Historical Dividends
Declared Ex-Date Record Payable Amount Type
05/08/08 05/14/08 05/16/08 06/16/08 $0.34 U.S. Currency
02/07/08 02/13/08 02/15/08 03/17/08 $0.30 U.S. Currency
Total dividends declared and paid in 2008: $ .30
11/01/07 11/14/07 11/16/07 12/17/07 $0.30 U.S. Currency
08/02/07 08/14/07 08/16/07 09/17/07 $0.30 U.S. Currency
05/03/07 05/14/07 05/16/07 06/18/07 $0.30 U.S. Currency
02/07/07 02/14/07 02/19/07 03/19/07 $0.30 U.S. Currency
Total dividends declared and paid in 2007: $1.20
10/16/06 11/02/06 11/06/06 12/01/06 $0.30 U.S. Currency
07/07/06 07/27/06 07/31/06 08/28/06 $0.30 U.S. Currency
03/31/06 04/06/06 04/10/06 05/05/06 $0.30 U.S. Currency
12/19/05 01/04/06 01/06/06 01/27/06 $0.30 U.S. Currency
Total dividends declared and paid in 2006: $1.20
10/24/05 10/28/05 11/01/05 11/17/05 $0.03 U.S. Currency
Total dividends declared and paid in 2005: $0.03

The historical dividend information provided is for informational purposes only, and is not intended for trading purposes. The historical dividend information is provided by Mergent, a third party service, and Hercules Technology Growth Capital does not maintain or provide information directly to this service.

As a regulated investment company, HTGC must make certain distributions of its taxable income to shareholders. The determination of the tax attributes of the Company's distributions is made annually as of the end of the Company's fiscal year based upon its taxable income for the full year and distributions paid for the full year; therefore, a determination made on a quarterly basis may not be representative of the actual tax attributes of its distributions for a full year. If the Company had determined the tax attributes of its distributions year-to-date as of March 31, 2008, then approximately $0.30 or 100.0% would have been from ordinary income. However, there can be no certainty to shareholders that this determination is representative of what the tax attributes will be from its 2008 distributions to shareholders. Each year a statement on Form 1099-DIV identifying the source of distributions (i.e., paid from ordinary income, paid from net capital gains on the sale of securities, and/or a return of paid-in-capital surplus which is a nontaxable distribution) is mailed to our stockholders.