WhiteHorse Finance, Inc. 7.875% Notes due 2028 Declares Quarterly Dividend of $0.49 (NASDAQ:WHFCL)

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Monday, June 1st will be paid a dividend of 0.4922 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Monday, June 1st.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Stock Performance

Shares of NASDAQ:WHFCL opened at $25.62 on Friday. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 52 week low of $24.99 and a 52 week high of $25.65. The company’s fifty day moving average is $25.39 and its 200-day moving average is $25.32.

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.