WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL – Get Free Report) was up 0.2% during mid-day trading on Wednesday . The company traded as high as $25.10 and last traded at $25.1250. Approximately 1,443 shares were traded during trading, a decline of 62% from the average daily volume of 3,811 shares. The stock had previously closed at $25.07.
WhiteHorse Finance, Inc. 7.875% Notes due 2028 Stock Performance
The firm’s 50 day moving average is $25.33 and its 200 day moving average is $25.25.
WhiteHorse Finance, Inc. 7.875% Notes due 2028 Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Sunday, March 1st were given a $0.4922 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend was Friday, February 27th.
WhiteHorse Finance, Inc 7.875% Notes due 2028 (NASDAQ: WHFCL) are senior unsecured obligations of WhiteHorse Finance, Inc, an externally managed business development company (BDC). These notes carry a fixed interest rate of 7.875% per annum and mature in 2028. They were issued to provide the company with long-term capital to support its lending activities and general corporate purposes, ranking equally with all other unsecured and unsubordinated debt of the issuer.
WhiteHorse Finance, Inc operates as a closed-end BDC, investing primarily in first-lien secured loans, unitranche and second-lien debt instruments, as well as select equity co-investments in U.S.
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