WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) to Release Earnings on Monday

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) is expected to be announcing its results before the market opens on Monday, March 2nd. Analysts expect the company to announce earnings of $0.2677 per share and revenue of $16.9080 million for the quarter.

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

Shares of WhiteHorse Finance, Inc. 7.875% Notes due 2028 stock opened at $25.01 on Friday. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 52-week low of $24.99 and a 52-week high of $25.60. The company’s fifty day moving average price is $25.34 and its two-hundred day moving average price is $25.28.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Sunday, March 1st will be issued a $0.4922 dividend. This represents a $1.97 annualized dividend and a dividend yield of 7.9%. The ex-dividend date is 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.