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

WhiteHawk Income Corp. (NYSE:WHK) announced a quarterly dividend on Thursday, November 12th. Shareholders 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 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Monday, November 23rd. This is a 18.0% decrease from WhiteHawk Income’s previous quarterly dividend of $0.61.

WhiteHawk Income Stock Up 0.6%

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

WhiteHawk Income (NYSE:WHK) last announced its quarterly earnings data on Thursday, November 12th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.12). The firm had revenue of $21.47 million during the quarter. On average, equities analysts expect that WhiteHawk Income will post 0.97 earnings per share for the current year.

About WhiteHawk Income

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.