WhiteHorse Finance, Inc. (NASDAQ:WHF) Plans Special Dividend of $0.17

Posted by George Bondi on Oct 15th, 2026

WhiteHorse Finance, Inc. (NASDAQ:WHF – Get Free Report) announced a special dividend on Tuesday, October 13th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.17 per share by the investment management company on Thursday, December 10th. The ex-dividend date is Friday, October 30th.

WhiteHorse Finance has decreased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 3 consecutive years. WhiteHorse Finance has a payout ratio of 87.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities research analysts expect WhiteHorse Finance to earn $0.98 per share next year, which means the company may not be able to cover its $1.00 annual dividend with an expected future payout ratio of 102.0%.

WhiteHorse Finance Stock Performance

Shares of WHF stock opened at $7.40 on Thursday. The company has a 50 day moving average price of $7.08 and a 200-day moving average price of $6.98. WhiteHorse Finance has a 52 week low of $6.07 and a 52 week high of $7.84. The firm has a market capitalization of $158.95 million, a PE ratio of 7.16 and a beta of 0.39. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 1.29.

WhiteHorse Finance (NASDAQ:WHF – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The investment management company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.03). The company had revenue of $14.37 million for the quarter, compared to the consensus estimate of $15.66 million. WhiteHorse Finance had a net margin of 26.88% and a return on equity of 8.94%. As a group, equities research analysts expect that WhiteHorse Finance will post 0.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on WHF shares. JPMorgan Chase & Co. lifted their target price on shares of WhiteHorse Finance from $6.00 to $6.50 and gave the stock an “underweight” rating in a research report on Wednesday, August 19th. B. Riley Financial increased their price target on WhiteHorse Finance from $7.50 to $8.00 and gave the company a “neutral” rating in a report on Friday, August 14th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of WhiteHorse Finance in a research note on Friday, August 28th. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $7.25.

View Our Latest Analysis on WHF

WhiteHorse Finance Company Profile

(Get Free Report)

WhiteHorse Finance, Inc (NASDAQ: WHF) is a business development company that provides financing to privately owned, primarily lower-middle-market companies. The company seeks to generate income and, to a lesser extent, capital appreciation through investments in a range of industries.

WhiteHorse Finance primarily invests in senior secured loans, including first-lien and second-lien loans, as well as subordinated debt and selected equity investments. Its financing may support acquisitions, recapitalizations, growth initiatives, refinancing transactions and other general corporate purposes.

The company focuses mainly on U.S.-based middle-market businesses and works with companies that may have limited access to traditional bank financing.