Summary
WHF Chart
WhiteHorse Finance: Don't Get Fooled By The 17% Dividend Yield
WHF's portfolio quality continues to deteriorate, with non-accruals rising to 8.8% and earnings declining, justifying my ongoing sell rating. Despite a 17% dividend yield and a 25.6% discount to NAV, I see these as reflections of risk and weak fundamentals, not buying opportunities. Net investment income fails to cover the dividend, and reliance on spillover income is unsustainable; a dividend cut appears likely and necessary.
WhiteHorse Finance (WHF) Q1 2025 Earnings Call Transcript
WhiteHorse Finance (NASDAQ:WHF ) Q1 2025 Earnings Conference Call May 13, 2025 4:30 PM ET Company Participants Robert Brinberg - President, Rose & Company Stuart Aronson - Chief Executive Officer Joyson Thomas - Chief Financial Officer Conference Call Participants Melissa Wedel - JPMorgan Robert Dodd - Raymond James Operator Good afternoon. My name is Margo, and I'll be your conference operator today.
WhiteHorse Finance (WHF) Lags Q1 Earnings and Revenue Estimates
WhiteHorse Finance (WHF) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.47 per share a year ago.
WhiteHorse Finance, Inc. Dividends
 WHF 5 days ago Announced | Quarterly | $0.39 Per Share |
| WHF 3 months ago Paid | Quarterly | $0.39 Per Share |
| WHF 6 months ago Paid | Quarterly | $0.39 Per Share |
| WHF 7 months ago Paid | Other | $0.24 Per Share |
| WHF 9 months ago Paid | Quarterly | $0.39 Per Share |
WhiteHorse Finance, Inc. Earnings
| 6 May 2025 Date | | 0.33 Cons. EPS | 0.18 EPS |
| 26 Feb 2025 Date | | 0.4 Cons. EPS | 0.34 EPS |
| 7 Nov 2024 Date | | 0.41 Cons. EPS | 0.4 EPS |
| 8 Aug 2024 Date | | 0.44 Cons. EPS | 0.4 EPS |
| 6 Aug 2024 Date | | 0.44 Cons. EPS | - EPS |
| WHF 5 days ago Announced | Quarterly | $0.39 Per Share |
| WHF 3 months ago Paid | Quarterly | $0.39 Per Share |
| WHF 6 months ago Paid | Quarterly | $0.39 Per Share |
| WHF 7 months ago Paid | Other | $0.24 Per Share |
| WHF 9 months ago Paid | Quarterly | $0.39 Per Share |
| 6 May 2025 Date | | 0.33 Cons. EPS | 0.18 EPS |
| 26 Feb 2025 Date | | 0.4 Cons. EPS | 0.34 EPS |
| 7 Nov 2024 Date | | 0.41 Cons. EPS | 0.4 EPS |
| 8 Aug 2024 Date | | 0.44 Cons. EPS | 0.4 EPS |
| 6 Aug 2024 Date | | 0.44 Cons. EPS | - EPS |
WhiteHorse Finance, Inc. (WHF) FAQ
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WhiteHorse Finance, Inc. Profile
| Asset Management Industry | Financial Services Sector | Mr. Stuart D. Aronson CEO | NASDAQ (NGS) Exchange | 96524V106 Cusip |
| US Country | - Employees | 18 Jun 2025 Last Dividend | - Last Split | 5 Dec 2012 IPO Date |
Contact Information
