WhiteHorse Finance Declares Special Distribution and Q3 Results
WhiteHorse Finance, Inc. Announces a Special Distribution
WhiteHorse Finance, Inc. (Nasdaq: WHF) has made an exciting announcement regarding its financial future. The company's board of directors has declared a special distribution of $0.245 per share, which is set to be paid to stockholders of record. This distribution showcases the company’s commitment to returning value to its investors.
Distribution Details
The distribution will be payable on December 10, 2024. As with many distributions, it’s important to note that these payments stem from taxable earnings, which might include capital gains as well as a return of capital. WhiteHorse Finance intends to keep its stockholders informed about the specific tax features of these distributions through Form 1099-DIV, which will be provided at the end of the calendar year.
Financial Performance Overview
In addition to the special distribution news, WhiteHorse Finance will also be revealing its financial performance for the third quarter of 2024. The results for the quarter ending September 30 are set to be reported on November 7, 2024, inviting investors to tune in to access the details.
Conference Call Information
The details of the financial results will be discussed during a conference call scheduled for 11:30 a.m. ET on November 7. This call is an excellent opportunity for investors to gain further insight into the company’s financial standing. Participants can join the call by dialing 800-343-4136 for domestic and +1 203-518-9843 for international calls, referencing ID #WHFQ324.
Investor Relations Accessibility
If anyone misses the live teleconference, a replay will be made available shortly after the call concludes, lasting until November 14, 2024. Callers can access the replay via 800-839-9307 domestically or +1 402-220-6085 internationally. A webcast replay will also be accessible on the company website within the investor relations section.
About WhiteHorse Finance
WhiteHorse Finance is a business development firm focused on originating and investing in loans for privately held, lower middle-market companies across multiple sectors. The company’s investment operations are guided by H.I.G. WhiteHorse Advisers, LLC, a recognized affiliate under H.I.G. Capital, a prominent global alternative asset manager with over $65 billion in assets under management. This solid foundation allows WhiteHorse Finance to continue providing exceptional value through its investment strategies.
What’s Next for Investors?
WhiteHorse Finance’s recent decisions signify a strategic approach to enhancing shareholder value through both immediate returns and long-term commitments to financial performance. Investors keen on keeping an eye on the stock's performance and the overall investment landscape will look forward to the awaiting financial updates and the insights that follow.
Frequently Asked Questions
What is the special distribution declared by WhiteHorse Finance?
The special distribution is set at $0.245 per share, payable on December 10, 2024.
When will WhiteHorse Finance report its third-quarter results?
WhiteHorse Finance will release its third-quarter financial results on November 7, 2024.
How can I access the conference call for financial results?
Investors can access the call by dialing 800-343-4136 (domestic) or +1 203-518-9843 (international) and referencing ID #WHFQ324.
What if I miss the live teleconference?
A replay of the teleconference will be available starting approximately two hours after the call, lasting until November 14, 2024.
Who manages WhiteHorse Finance's investment activities?
Investment activities are managed by H.I.G. WhiteHorse Advisers, LLC, affiliated with H.I.G. Capital, a leading asset manager.
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