WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) to Issue Quarterly Dividend of $0.49 on March 16th

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Sunday, March 1st will be paid a dividend of 0.4922 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Friday, February 27th.

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

NASDAQ:WHFCL traded down $0.01 on Wednesday, reaching $25.46. The stock had a trading volume of 1,474 shares, compared to its average volume of 4,011. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 1-year low of $25.00 and a 1-year high of $25.64. The stock has a fifty day moving average price of $25.33 and a 200-day moving average price of $25.28.

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.