New Mountain Finance Corporation (NASDAQ:NMFC) Plans $0.32 Quarterly Dividend

New Mountain Finance Corporation (NASDAQ:NMFC) announced a quarterly dividend on Tuesday, February 24th. Stockholders of record on Tuesday, March 17th will be paid a dividend of 0.32 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 16.4%. The ex-dividend date is Tuesday, March 17th.

New Mountain Finance has raised its dividend by an average of 0.0%annually over the last three years. New Mountain Finance has a payout ratio of 92.1% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities research analysts expect New Mountain Finance to earn $1.31 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 97.7%.

New Mountain Finance Stock Down 4.4%

NMFC traded down $0.36 on Wednesday, reaching $7.81. The company’s stock had a trading volume of 2,071,587 shares, compared to its average volume of 1,005,065. The company has a market capitalization of $805.16 million, a price-to-earnings ratio of 11.96 and a beta of 0.58. New Mountain Finance has a fifty-two week low of $7.69 and a fifty-two week high of $12.01. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 1.40. The stock has a 50 day moving average of $8.81 and a two-hundred day moving average of $9.45.

Key Headlines Impacting New Mountain Finance

Here are the key news stories impacting New Mountain Finance this week:

• Positive Sentiment: Core operating income (net investment income) of $33.0M, or $0.32 per share, was reported — roughly in line with consensus for NII, showing some stability in the firm’s recurring earnings. Q4 Earnings Meet Estimates
• Neutral Sentiment: The board declared a quarterly dividend of $0.32/share (ex-dividend March 17), producing a very high stated yield (~16.2%) — which supports income-seeking holders but may signal a lower payout level than prior periods (market is parsing sustainability). (Company press release/filings)
• Neutral Sentiment: Management signed a definitive agreement to sell roughly $477M of assets — a proactive liquidity/portfolio move that should reduce exposure to stressed credits but will crystallize any losses or discounts. Company Financial Results / Asset Sale
• Negative Sentiment: The $477M portfolio sale is being executed at about 94% of value, signaling a roughly 6% haircut and highlighting broader stress in private credit valuations — this has amplified investor concern about realized losses and future markdowns. Asset Sale at 94% Value
• Negative Sentiment: GAAP/earnings metrics were mixed: some reports show a Q4 EPS miss (MarketBeat noted a ($0.24) EPS vs. consensus $0.32) and revenue below expectations — indicating realized losses/mark‑downs reduced headline earnings despite stable NII. That divergence often triggers bigger share price moves. Earnings Miss / Conference Call
• Negative Sentiment: Net asset value fell to $11.52 from $12.06 quarter‑over‑quarter; combined with the discounted asset sale and commentary, investors are fretting about future NAV pressure in a stressed private‑credit environment. (See company release and market coverage.) Earnings Call Transcript

New Mountain Finance Company Profile

New Mountain Finance Corp. is a closed-end, externally managed business development company (BDC) that provides customized debt and equity capital solutions to U.S. middle-market companies. As a BDC organized under the Investment Company Act of 1940, New Mountain Finance invests in sponsor-backed and founder-led businesses that span a range of industry sectors, with a focus on companies demonstrating resilient growth and recurring revenue streams.

The company’s investment portfolio typically includes first-lien senior secured loans, second-lien and junior debt instruments, mezzanine financing and equity co-investments.