New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $50 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million and target investments up to a $125 million hold size. The fund seeks a majority stake in its portfolio companies.
New Mountain Finance Dividend Announcement
• New Mountain Finance announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-17
• New Mountain Finance annual dividend for 2024 was $1.37
• New Mountain Finance annual dividend for 2023 was $1.49
• New Mountain Finance's trailing twelve-month (TTM) dividend yield is 17.04%
• New Mountain Finance's payout ratio for the trailing twelve months (TTM) is 156.48%
• New Mountain Finance's dividend growth over the last five years (2018-2023) was 1.84% year
• New Mountain Finance's dividend growth over the last ten years (2013-2023) was 0.07% year
New Mountain Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-17 | $0.33 | quarterly | 2024-12-31 |
| 2024-09-16 | $0.34 | quarterly | 2024-09-30 |
| 2024-06-14 | $0.34 | quarterly | 2024-06-28 |
| 2024-03-14 | $0.36 | quarterly | 2024-03-29 |
| 2023-12-21 | $0.10 | quarterly | 2023-12-29 |
| 2023-12-14 | $0.36 | quarterly | 2023-12-29 |
| 2023-09-14 | $0.36 | quarterly | 2023-09-29 |
| 2023-06-15 | $0.35 | quarterly | 2023-06-30 |
| 2023-03-16 | $0.32 | quarterly | 2023-03-31 |
| 2022-09-15 | $0.30 | quarterly | 2022-09-30 |
| 2022-06-15 | $0.30 | quarterly | 2022-06-30 |
| 2022-03-16 | $0.30 | quarterly | 2022-03-31 |
| 2021-12-15 | $0.30 | quarterly | 2021-12-30 |
| 2021-09-15 | $0.30 | quarterly | 2021-09-30 |
| 2021-06-15 | $0.30 | quarterly | 2021-06-30 |
| 2021-03-16 | $0.30 | quarterly | 2021-03-31 |
| 2020-12-15 | $0.30 | quarterly | 2020-12-30 |
| 2020-09-15 | $0.30 | quarterly | 2020-09-30 |
| 2020-06-15 | $0.30 | quarterly | 2020-06-30 |
| 2020-03-12 | $0.34 | quarterly | 2020-03-27 |
| 2019-12-12 | $0.34 | quarterly | 2019-12-27 |
| 2019-09-12 | $0.34 | quarterly | 2019-09-27 |
| 2019-06-13 | $0.34 | quarterly | 2019-06-28 |
| 2019-03-14 | $0.34 | quarterly | 2019-03-29 |
| 2018-12-13 | $0.34 | quarterly | 2018-12-28 |
| 2018-09-13 | $0.34 | quarterly | 2018-09-28 |
| 2018-06-14 | $0.34 | quarterly | 2018-06-29 |
| 2018-03-14 | $0.34 | quarterly | 2018-03-29 |
| 2017-12-14 | $0.34 | quarterly | 2017-12-28 |
| 2017-09-14 | $0.34 | quarterly | 2017-09-29 |
| 2017-06-14 | $0.34 | quarterly | 2017-06-30 |
| 2017-03-15 | $0.34 | quarterly | 2017-03-31 |
| 2016-12-13 | $0.34 | quarterly | 2016-12-29 |
| 2016-09-14 | $0.34 | quarterly | 2016-09-30 |
| 2016-06-14 | $0.34 | quarterly | 2016-06-30 |
| 2016-03-15 | $0.34 | quarterly | 2016-03-31 |
| 2015-12-14 | $0.34 | quarterly | 2015-12-30 |
| 2015-09-14 | $0.34 | quarterly | 2015-09-30 |
| 2015-06-12 | $0.34 | quarterly | 2015-06-30 |
| 2015-03-13 | $0.34 | quarterly | 2015-03-31 |
| 2014-12-12 | $0.34 | quarterly | 2014-12-30 |
| 2014-09-12 | $0.34 | quarterly | 2014-09-30 |
| 2014-08-18 | $0.12 | quarterly | 2014-09-03 |
| 2014-06-12 | $0.34 | quarterly | 2014-06-30 |
| 2014-03-13 | $0.34 | quarterly | 2014-03-31 |
| 2013-12-13 | $0.34 | quarterly | 2013-12-31 |
| 2013-09-12 | $0.34 | quarterly | 2013-09-30 |
| 2013-08-16 | $0.12 | quarterly | 2013-08-30 |
| 2013-06-12 | $0.34 | quarterly | 2013-06-28 |
| 2013-03-13 | $0.34 | quarterly | 2013-03-28 |
New Mountain Finance Dividend per year
New Mountain Finance Dividend growth
New Mountain Finance Dividend Yield
New Mountain Finance current trailing twelve-month (TTM) dividend yield is 17.04%. Interested in purchasing New Mountain Finance stock? Use our calculator to estimate your expected dividend yield:
New Mountain Finance Financial Ratios
P/E ratio9.35
PEG ratio0.69
P/B ratio0.85
ROE9.19%
Payout ratio156.48%
Current ratio0.41
Quick ratio-0.00
Cash Ratio0.24
New Mountain Finance Dividend FAQ
How much is the next New Mountain Finance dividend?
New Mountain Finance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next New Mountain Finance dividend. The next New Mountain Finance dividend will be released in March, June, September, December, or December.
When is New Mountain Finance dividend paid?
New Mountain Finance pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, December, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does New Mountain Finance pay?
The specific amount of New Mountain Finance dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find New Mountain Finance's dividend history.
Does New Mountain Finance stock pay dividends?
Yes, New Mountain Finance does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find New Mountain Finance's dividend history.
How much dividend does New Mountain Finance pay?
New Mountain Finance paid $1.37 in 2024, $1.49 in 2023, $0.9 in 2022, $1.2 in 2021, and $1.24 in 2020.
How often does New Mountain Finance pay dividends?
New Mountain Finance typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, December, and December.
What is New Mountain Finance's dividend yield?
The current dividend yield for New Mountain Finance is 17.04%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate New Mountain Finance's exact dividend yield.
When does New Mountain Finance go ex dividend?
New Mountain Finance's ex-dividend date for the latest dividend was on 2024-12-17. New Mountain Finance typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next New Mountain Finance dividend paid?
New Mountain Finance pays dividends on a quarterly basis, typically around March, June, September, December, or December, but the exact dates can vary each year.
Will New Mountain Finance increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether New Mountain Finance will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is New Mountain Finance dividend per share?
New Mountain Finance paid $1.37 per share in 2024 and $1.49 per share in 2023. The amount of dividend per share that New Mountain Finance pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is New Mountain Finance a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is New Mountain Finance a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is New Mountain Finance a dividend stock?
Yes, New Mountain Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is New Mountain Finance a good dividend stock?
Whether New Mountain Finance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. New Mountain Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating New Mountain Finance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating New Mountain Finance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does New Mountain Finance pay dividends monthly?
New Mountain Finance typically pays dividends on a quarterly basis.
Does New Mountain Finance pay dividends quarterly?
New Mountain Finance currently pays dividends on a quarterly basis.
Has New Mountain Finance ever paid a dividend?
Yes, New Mountain Finance has a history of paying dividends to its shareholders. New Mountain Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy New Mountain Finance dividend stocks?
To buy New Mountain Finance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy New Mountain Finance stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy New Mountain Finance stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does New Mountain Finance pay dividends 2024?
New Mountain Finance pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will New Mountain Finance increase its dividend in 2024?
Decisions regarding New Mountain Finance dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date New Mountain Finance dividend overview you can look into the above table of dividend history.
How New Mountain Finance dividend works?
The New Mountain Finance dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how New Mountain Finance's dividend process works:
1. Determination of Dividend: New Mountain Finance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, New Mountain Finance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, New Mountain Finance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from New Mountain Finance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: New Mountain Finance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, New Mountain Finance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, New Mountain Finance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from New Mountain Finance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are New Mountain Finance dividends paid?
New Mountain Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: New Mountain Finance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, New Mountain Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New Mountain Finance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: New Mountain Finance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, New Mountain Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New Mountain Finance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does New Mountain Finance pay dividends?
New Mountain Finance typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does New Mountain Finance pay dividends?
The general pattern is that New Mountain Finance pays dividends around March, June, September, December, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is New Mountain Finance dividend safe?
The safety of New Mountain Finance's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of New Mountain Finance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review New Mountain Finance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of New Mountain Finance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review New Mountain Finance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.