New Mountain Finance About To Put More Money In Your Pocket (NMFC)

Looking at the universe of stocks we cover at Dividend Channel, on 12/17/24, New Mountain Finance Corporation (Symbol: NMFC) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 12/31/24. As a percentage of NMFC's recent stock price of $11.75, this dividend works out to approximately 2.72%, so look for shares of New Mountain Finance Corporation to trade 2.72% lower — all else being equal — when NMFC shares open for trading on 12/17/24.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NMFC is likely to continue, and whether the current estimated yield of 10.89% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NMFC shares, versus its 200 day moving average:

Looking at the chart above, NMFC's low point in its 52 week range is $10.615 per share, with $13.175 as the 52 week high point — that compares with a last trade of $11.74.

In Friday trading, New Mountain Finance Corporation shares are currently off about 0.4% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.