New Mountain Finance Corporation Announces Upcoming Quarterly Dividend
Looking ahead, New Mountain Finance Corporation (Symbol: NMFC) is set to trade ex-dividend on March 17, 2025. The company will distribute its quarterly dividend of $0.32, with payments scheduled for March 31, 2025. Based on NMFC’s recent stock price of $11.12, this dividend yields approximately 2.88%. Therefore, it is anticipated that shares of New Mountain Finance Corporation will open approximately 2.88% lower when trading begins on March 17, 2025, assuming all other factors remain constant.
Dividends can be unpredictable; however, analyzing historical performance can provide insights into whether NMFC is likely to maintain its dividend payouts. Currently, the estimated annual yield stands at 11.51%, which suggests a persistent yield expectation moving forward.
The chart below illustrates NMFC’s one-year performance relative to its 200-day moving average:
Over the past year, NMFC shares have experienced a low of $10.615 and a high of $12.805, with the most recent trade occurring at $11.22.
In Thursday’s trading, shares of New Mountain Finance Corporation are currently showing little change, remaining flat for the day.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.