earnings
confidence high
sentiment negative
materiality 0.80
WhiteHorse cuts dividend to $0.25, authorizes $15M buyback; Q3 NII $0.263/share
WhiteHorse Finance, Inc.
2025-Q3 EPS reported
$0.26
- Q3 total investment income $17.7M, down 6.1% sequentially; NII $6.1M ($0.263/share) vs $6.6M ($0.282) prior quarter.
- NAV per share fell 3.5% to $11.41 from $11.82; net realized/unrealized losses of ($6.7M) for the quarter.
- Board declared a quarterly distribution of $0.25 per share (payable Jan 5, 2026 to record Dec 22, 2025), down from $0.385 prior.
- Board authorized stock repurchase program of up to $15M at prices below NAV; adviser reduced incentive fee to 17.5% for two quarters.