WhiteHorse Finance, Inc. (NASDAQ:WHF) announced a quarterly dividend on Wednesday, September 6th, NASDAQ reports. Investors of record on Monday, September 18th will be paid a dividend of 0.355 per share by the investment management company on Tuesday, October 3rd. This represents a $1.42 annualized dividend and a yield of 9.80%. The ex-dividend date is Friday, September 15th.

Shares of WhiteHorse Finance (WHF) traded down 0.62% during midday trading on Thursday, reaching $14.40. 7,294 shares of the company traded hands. WhiteHorse Finance has a 12-month low of $10.30 and a 12-month high of $14.75. The company has a 50-day moving average of $13.86 and a 200 day moving average of $13.84.

WhiteHorse Finance (NASDAQ:WHF) last released its quarterly earnings results on Tuesday, August 8th. The investment management company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.02. WhiteHorse Finance had a net margin of 62.57% and a return on equity of 10.57%. The business had revenue of $14.29 million for the quarter, compared to analysts’ expectations of $12.57 million. Equities research analysts expect that WhiteHorse Finance will post $1.41 EPS for the current year.

WHF has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of WhiteHorse Finance from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Wednesday, May 10th. BidaskClub upgraded shares of WhiteHorse Finance from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Robert W. Baird upgraded shares of WhiteHorse Finance from a “neutral” rating to an “outperform” rating and set a $15.00 target price on the stock in a research note on Thursday, June 29th. Finally, ValuEngine upgraded shares of WhiteHorse Finance from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. WhiteHorse Finance has a consensus rating of “Buy” and an average target price of $14.33.

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About WhiteHorse Finance

WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company’s investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years.

Dividend History for WhiteHorse Finance (NASDAQ:WHF)

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