WhiteHawk Income Corp. (NYSE:WHK) Announces $0.61 Quarterly Dividend

WhiteHawk Income Corp. (NYSE:WHK) declared a quarterly dividend on Wednesday, August 12th. Stockholders of record on Monday, August 24th will be paid a dividend of 0.61 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Monday, August 24th.

WhiteHawk Income Price Performance

Shares of WhiteHawk Income stock traded up $0.01 during trading on Thursday, hitting $26.07. 81,902 shares of the company’s stock traded hands, compared to its average volume of 163,978. WhiteHawk Income has a 1 year low of $25.34 and a 1 year high of $28.60. The stock has a 50-day simple moving average of $26.57.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on WHK shares. JPMorgan Chase & Co. started coverage on shares of WhiteHawk Income in a research note on Monday, July 6th. They set a “neutral” rating and a $28.00 target price on the stock. Wall Street Zen raised shares of WhiteHawk Income to a “hold” rating in a report on Saturday, June 13th. Stephens initiated coverage on shares of WhiteHawk Income in a research report on Monday, July 6th. They set an “overweight” rating and a $33.00 price objective on the stock. Zacks Research upgraded shares of WhiteHawk Income to a “hold” rating in a research report on Tuesday, July 7th. Finally, Raymond James Financial started coverage on shares of WhiteHawk Income in a report on Tuesday, July 7th. They issued a “strong-buy” rating and a $34.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, WhiteHawk Income presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.40.

WhiteHawk Income Company Profile

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).