WhiteHorse Finance Inc. (WHF) Announces Dividend of $0.36


WhiteHorse Finance Inc. (NASDAQ:WHF) declared a dividend on Thursday, September 8th. Shareholders of record on Monday, September 19th will be given a dividend of 0.355 per share by the investment management company on Monday, October 3rd. The ex-dividend date of this dividend is Thursday, September 15th.
Shares of WhiteHorse Finance (NASDAQ:WHF) opened at 11.59 on Friday. WhiteHorse Finance has a 52 week low of $9.14 and a 52 week high of $13.75. The company’s 50 day moving average is $11.57 and its 200-day moving average is $10.70.
WhiteHorse Finance (NASDAQ:WHF) last issued its quarterly earnings results on Friday, August 5th. The investment management company reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. Analysts forecast that WhiteHorse Finance will post $1.41 EPS for the current fiscal year.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/09/whitehorse-finance-inc-whf-announces-dividend-of-0-36.html

A number of research firms have commented on WHF. Zacks Investment Research raised shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a report on Saturday, September 3rd. Robert W. Baird cut WhiteHorse Finance from an “outperform” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research note on Tuesday, August 9th. Deutsche Bank AG set a $13.50 target price on WhiteHorse Finance and gave the company a “buy” rating in a research note on Thursday, August 11th. Finally, TheStreet upgraded WhiteHorse Finance from a “hold” rating to a “buy” rating in a research note on Friday, August 5th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $12.50.
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.

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.

Be the first to comment on "WhiteHorse Finance Inc. (WHF) Announces Dividend of $0.36"

Leave a comment

Your email address will not be published.