WhiteHorse Finance Declares $0.25 Quarterly, $0.01 Supplemental Distributions; Boosts Buyback Program to $22.5M
Summary
WhiteHorse Finance, Inc. announced its fourth quarter and full year 2025 earnings, reporting net investment income (NII) of $0.287 per share for Q4, which covers its declared quarterly distribution of $0.25 per share. The company also declared a supplemental distribution of $0.01 per share. While Net Asset Value (NAV) declined year-over-year to $11.68 per share from $12.31, the CEO noted improved earnings and a sequential increase in NAV during the quarter. Critically, the board approved a $7.5 million increase to its stock repurchase program, raising the total authorization to $22.5 million, which is a significant capital event for a company trading at a substantial discount to its NAV and near its 52-week low. This news provides key financial performance metrics and signals management's confidence through capital allocation, which is highly relevant for income-focused investors and traders. Investors will watch for continued dividend coverage and the execution of the expanded share repurchase program.
At the time of this announcement, WHF was trading at $6.25 on NASDAQ in the Finance sector, with a market capitalization of approximately $146.4M. The 52-week trading range was $6.07 to $11.31. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.