WhiteHorse Finance, Inc. (NASDAQ:WHF) announced a quarterly dividend on Monday, August 9th, Zacks reports. Stockholders of record on Monday, September 20th will be given a dividend of 0.355 per share by the investment management company on Monday, October 4th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date of this dividend is Friday, September 17th.
NASDAQ:WHF opened at $15.78 on Wednesday. The firm has a market capitalization of $328.89 million, a P/E ratio of 6.66 and a beta of 1.51. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.41 and a quick ratio of 1.41. The company’s fifty day moving average price is $15.51 and its 200-day moving average price is $15.50. WhiteHorse Finance has a 1-year low of $9.02 and a 1-year high of $16.72.
WhiteHorse Finance (NASDAQ:WHF) last released its quarterly earnings results on Monday, August 9th. The investment management company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.03). WhiteHorse Finance had a net margin of 70.65% and a return on equity of 8.71%. Equities analysts anticipate that WhiteHorse Finance will post 1.49 EPS for the current fiscal year.
WHF has been the topic of several analyst reports. Raymond James raised their price target on shares of WhiteHorse Finance from $16.00 to $16.50 and gave the company an “outperform” rating in a research report on Tuesday, August 10th. JPMorgan Chase & Co. upgraded shares of WhiteHorse Finance from an “underweight” rating to a “neutral” rating and set a $15.50 price target on the stock in a research report on Tuesday, August 10th.
About WhiteHorse Finance
WhiteHorse Finance, Inc is an externally managed, non-diversified, closed-end management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Our stock is publicly traded on the NASDAQ exchange under the ticker symbol ”WHF”. We have senior notes listed on the NASDAQ exchange under the ticker symbol “WHFBL“.
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