5 Cheap High Dividend Stocks To Buy Right Now

4. Hercules Capital, Inc. (NYSE:HTGC)

P/E Ratio as of November 11: 8.02
Dividend Yield as of November 11: 9.98%

Hercules Capital, Inc. (NYSE:HTGC) is a California-based specialty finance company. It focuses on providing debt financing solutions to venture capital and private equity-backed companies, especially in the technology and life sciences sectors. On October 31, the company declared a quarterly dividend of $0.40 per share, which was in line with its previous quarter. The company also announced a supplemental cash dividend of $0.08 per share. It has been growing its dividends for five consecutive years. The stock’s dividend yield on November 11 came in at 9.98%.

As of the end of Q2 2023, 12 hedge funds in Insider Monkey’s database reported having stakes in Hercules Capital, Inc. (NYSE:HTGC), up from 9 in the previous quarter. The total worth of these stakes is roughly $30 million.