WhiteHorse Finance, Inc. (NASDAQ:WHF) announced a quarterly dividend on Wednesday, December 6th, NASDAQ reports. Stockholders of record on Monday, December 18th will be paid a dividend of 0.355 per share by the investment management company on Tuesday, January 2nd. This represents a $1.42 annualized dividend and a dividend yield of 10.15%. The ex-dividend date of this dividend is Friday, December 15th.

Shares of WhiteHorse Finance (WHF) traded up $0.35 during trading on Thursday, hitting $13.99. The stock had a trading volume of 48,700 shares, compared to its average volume of 71,545. The firm has a market capitalization of $280.06, a price-to-earnings ratio of 9.81 and a beta of 0.74. WhiteHorse Finance has a 12 month low of $11.51 and a 12 month high of $15.05. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.64.

Several research analysts have weighed in on the company. ValuEngine raised WhiteHorse Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. BidaskClub upgraded WhiteHorse Finance from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Robert W. Baird cut WhiteHorse Finance from an “outperform” rating to a “neutral” rating and set a $15.00 target price for the company. in a report on Monday, October 23rd. Finally, Oppenheimer assumed coverage on WhiteHorse Finance in a research report on Thursday, November 30th. They issued a “buy” rating and a $15.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. WhiteHorse Finance currently has an average rating of “Hold” and a consensus target price of $15.00.

WARNING: “WhiteHorse Finance, Inc. (WHF) to Issue Quarterly Dividend of $0.36” was posted by American Banking News and is the property of of American Banking News. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/12/07/whitehorse-finance-inc-whf-to-issue-quarterly-dividend-of-0-36.html.

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)

Receive News & Ratings for WhiteHorse Finance Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WhiteHorse Finance Inc. and related companies with MarketBeat.com's FREE daily email newsletter.