1.13.2023

Interest on interest

Since Nasdaq is closed on Martin Luther King Jr. Day, next Monday, we decided to buy a smaller number Horizon Technology Finance Corp. Common Stock (HRZN).

It is the Ex-dividend date for HRZN on Monday and in order not to miss next month dividends we had to buy today even if I would prefer to wait until Monday when we expect to receive further dividends.

This small purchase increased our estimated dividend for 2023 by $145.

Since HRZN is a monthly dividend, we will be able to reinvest the dividend of this acquisition several times during 2023.

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