WhiteHorse Finance Approves $0.25 Per-Share Distribution After Third-Quarter Results
Key Facts
WhiteHorse Finance reported results for the third quarter ended September 30, 2026, and its board approved a cash distribution of $0.25 per share for the quarter ending December 31, according to a company statement via PR Newswire. The distribution is scheduled to be paid on January 6, 2027, to shareholders of record on December 21, 2026. The distribution announcement came alongside the period’s financial results, keeping the quarterly distribution at the same amount announced for the previous quarter. The results highlight the size and composition of the investment portfolio, as well as new investments and repayments during the quarter. The company also scheduled an earnings call for the same day, giving management an opportunity to present performance details on November 9.
The fair value of the investment portfolio was $569.1 million on September 30, 2026, compared with $569.2 million on June 30, according to the results statement. At the end of September, the portfolio comprised 125 investment positions across 64 companies, while the weighted average effective yield on income-producing debt investments was 11.0%. The number of positions and companies shows how investments are distributed across companies, while the weighted average effective yield measures returns on the income-producing debt component. These metrics come as the portfolio’s total value remained close to its level at the end of June. The September value was lower than the June figure, according to the numbers in the statement.
During the quarter ended September 30, WhiteHorse Finance invested $14.8 million in two new companies and added $6.2 million to existing portfolio companies. Meanwhile, proceeds from sales and repayments totaled approximately $10.0 million, according to the results statement. These figures show concurrent activity in financing new companies, increasing existing investments and recovering funds from other positions. Portfolio activity also included more than investments and repayments: the company transferred assets relating to five portfolio companies to the STRS JV. The transferred assets were valued at $21.4 million, against the company’s net investment in the venture of $7.2 million and cash proceeds of $14.2 million.
The distribution announced for the quarter ending in December is in addition to a special distribution the company announced on October 14. That special distribution was $0.17 per share and is to be paid on December 10, 2026, to shareholders of record on October 30, according to the company’s filing with the U.S. Securities and Exchange Commission. The previous quarterly distribution, of $0.25 per share for the quarter ended September 30, was announced on August 10 and paid on October 5 to shareholders of record on September 21. The announced distribution schedule therefore combines the quarterly distribution tied to the coming quarter and the special distribution announced in October. The record and payment dates differ among the distributions, as set out in the company’s announcements and filing.
WHF shares closed at $8.39 on November 6, 2026, according to EL7 data. The close came ahead of the results call the company announced for November 9 at 1:00 p.m. Eastern Time. The company scheduled the call to discuss its third-quarter 2026 results, according to its investor relations page. The call is scheduled before the next quarterly distribution payment date in January, while the shareholder record date falls in December. The special distribution announced in October is due to be paid on December 10 to shareholders of record on October 30.