SmarterDividends
WHFCL

WhiteHorse Finance, Inc. 7.875% Notes due 2028

WHFCL

Stock · quarterly payer

$25.14

Fairly valued · +2% Add to Portfolio

Forward Yield

7.83%

Annual Dividend

$1.97

Payout Ratio

—

5-Yr Growth

—

Ex-Date

—

Frequency

Quarterly

Key facts about WHFCL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) has a forward dividend yield of 7.83%, based on an annual dividend of $1.97 per share and a share price of $25.14.
  • As of Oct 18, 2026, WHFCL's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • WHFCL has never cut its regular dividend in the payment history SmarterDividends has on record.
  • WHFCL's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.49 per share.
  • As of Oct 18, 2026, WHFCL's 7.83% yield is 30% above its five-year average yield of 6.01%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for WHFCL is $25.75 per share, 2% above the $25.14 share price, so WHFCL screens as fairly valued.
  • WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) pays its dividend quarterly, 4 times a year.
  • WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) has raised its regular dividend 1 time and cut it 0 times across the 13 payments on record since 2023. Its most recent change was a 310.0% increase to $0.492 per share, going ex-dividend on Nov 30, 2023.
Cite this page

SmarterDividends, "WHFCL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/WHFCL

Summary

As of Oct 18, 2026, WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) yields 7.83% ($1.97 a year per share) and has a dividend safety grade of C (62/100).

Is WHFCL a good dividend stock?

Yes, with caveats

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) pays a quarterly dividend yielding 7.83% ($1.97/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
7.83%
Payout Ratio
—
Annual Dividend
$1.97
5-Yr Avg Growth
—
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$24.97 – $25.65
Dividend Safety
C · 62/100
Ever Cut?
No

WHFCL dividend raises and cuts

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) has raised its regular dividend 1 time and cut it 0 times across the 13 payments on record since 2023. Its most recent change was a 310.0% increase to $0.492 per share, going ex-dividend on Nov 30, 2023.

Ex-dateChangeOld → newMove
Nov 30, 2023Raise$0.120 → $0.492+310.0%
Every WHFCL payment →Download every raise and cut (CSV)
WHFCL ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →WHFCL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WHFCL a good dividend stock?

Yes, with caveats. WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) pays a quarterly dividend yielding 7.83% ($1.97/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is WHFCL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WHFCL's fair value is about $25.75 versus a $25.14 share price — so it looks fairly valued (+2% vs. fair value).

Is WHFCL's dividend safe?

WHFCL has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is WHFCL's fair value?

Our blended fair-value estimate for WHFCL is about $25.75 per share, roughly 2% above the current $25.14 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WHFCL a buy, hold, or sell?

We don't issue formal ratings, but on the data WHFCL screens as "yes, with caveats" and fairly valued. WhiteHorse Finance, Inc. 7.875% Notes due 2028 (WHFCL) pays a quarterly dividend yielding 7.83% ($1.97/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will WHFCL cut its dividend?

WHFCL earns a dividend-safety grade of C (62/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WHFCL pay a dividend?

Yes. WhiteHorse Finance, Inc. 7.875% Notes due 2028 pays a quarterly dividend of about $1.97 per share annually, a forward yield of roughly 7.83%.

What is WHFCL's dividend yield?

As of Oct 18, 2026, WHFCL's forward dividend yield is 7.83%, based on a $1.97 annual dividend and a $25.14 share price.

What is WHFCL's dividend per share?

As of Oct 18, 2026, WHFCL pays $1.97 per share per year, distributed on a quarterly basis.

How many years has WHFCL grown its dividend?

WHFCL does not currently have a long dividend-growth streak on record.

When is the next WHFCL ex-dividend date?

As of Oct 18, 2026, WHFCL's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.49 per share.

Income Calculator

At $1.97 / yr per share

Per payment (quarterly)$49.20
Annual$196.80
Monthly avg$16.40

Similar Dividend Stocks

NVDANVDANVIDIA Corporation0.47%TechnologyAAPLAAPLApple Inc.0.31%TechnologyGOOGLGOOGLAlphabet Inc.0.26%Communication ServicesGOOGGOOGAlphabet Inc.0.26%Communication Services

Compare WHFCL

WHFCL vs NVDAWHFCL vs AAPLWHFCL vs GOOGLWHFCL vs GOOG

Explore more

Lists and tools related to WHFCL