SmarterDividends
WHF

WhiteHorse Finance, Inc.

WHF

Financial Services · Stock · quarterly payer

Forward Yield

14.71%

Annual Dividend

$1.00

Payout Ratio

312%

5-Yr Growth

1.6%

Ex-Date

May 21, 2026

Frequency

Quarterly

WHF Dividend Safety Score

47/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage312% of earnings paid out
Balance-sheet strengthDebt/equity of 1.29
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is WHF a good dividend stock?

Mixed

WhiteHorse Finance, Inc. (WHF) pays a quarterly dividend yielding 14.71% ($1.00/yr), with 13 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • 13 consecutive years of dividend growth

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (312%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
14.71%
Payout Ratio
312%
Annual Dividend
$1.00
5-Yr Avg Growth
1.6%
Ex-Dividend Date
May 21, 2026
Years of Growth
13
Frequency
quarterly
Beta
0.42
Market Cap
$146.7M
P/E Ratio
16.6
5-Yr Total Return
-54%
52-Week Range
$6.07 – $9.66
Dividend Safety
D · 47/100
Ever Cut?
Yes (2025)
WHF ex-dividend date & scheduleNext ex-date May 21, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.00 / yr per share

Per payment (quarterly)$25.00
Annual$100.00
Monthly avg$8.33