WhiteHawk Income Corp. (NYSE:WHK) Shareholders Set to Receive $0.50 Quarterly Dividend

WhiteHawk Income Corp. (NYSE:WHK) announced a quarterly dividend on Thursday, November 12th. Stockholders of record on Monday, November 23rd will be paid a dividend of $0.50 per share on Monday, November 30th. This represents a $2.00 annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, November 23rd. This is a 18.0% decrease from WhiteHawk Income’s previous quarterly dividend of $0.61.

WhiteHawk Income Price Performance

WHK stock opened at $25.59 on Friday. The stock’s 50-day moving average is $26.14. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.39 and a quick ratio of 1.39. WhiteHawk Income has a 52 week low of $24.01 and a 52 week high of $29.07.

WhiteHawk Income (NYSE:WHK) last released its quarterly earnings results on Thursday, November 12th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.12). The company had revenue of $21.47 million for the quarter. On average, analysts predict that WhiteHawk Income will post 0.97 EPS for the current fiscal year.

WhiteHawk Income Company Profile

WhiteHawk Income Corporation is a business development company focused on providing debt financing to middle-market businesses. Its investment strategy centers on privately negotiated loans, including senior secured loans, intended to generate income from its portfolio. The company primarily invests in U.S. businesses and is externally managed by WhiteHawk Capital Partners, an investment manager specializing in middle-market credit. Through its investments, WhiteHawk Income provides companies with access to financing while offering investors exposure to private credit.