The future looks interesting

NII or Net Interest Income is the difference between the income a bank earns from its lending activities and the interest it pays to depositors whereas NIM or Net Interest Margin is calculated by dividing NII by the average earning assets.

Horizon Technology Finance Corporation Common Stock (HRZN) beat its NII forecast of $26.58 million by $1.54 million resulting in a total investment income of $28.12 million. HRZN is a business development company (BDC) and must distribute over 90% of their profits to shareholders.

This investment income increase provides good conditions for future special or supplemental dividend.