© Reuters.
WhiteHorse (NASDAQ:) Finance, Inc. (NASDAQ: WHF) has announced its financial results for the fourth quarter of 2023, showcasing a strong performance with GAAP net investment income and core net interest income reaching $10.6 million, or $0.456 per share.
This figure comfortably covers the quarterly base dividend of $0.385 per share. Despite a challenging M&A environment, the company reported gross capital deployments of $56.9 million for the quarter. The net asset value (NAV) per share saw a slight decline of 1.7% from the previous quarter, settling at $13.63. WhiteHorse Finance maintains a cautious stance on deal sourcing, especially in the non-sponsor market, as it navigates through a slow economic growth period.
Key Takeaways
- WhiteHorse Finance’s Q4 GAAP net investment income and core net interest income stood at $10.6 million, translating to $0.456 per…
