New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Declares Quarterly Dividend of $0.52

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) declared a quarterly dividend on Friday, January 1st. Investors of record on Friday, July 31st will be given a dividend of 0.5156 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Friday, July 31st.

New Mountain Finance Co. 8.250% Notes due 2028 Price Performance

Shares of NASDAQ:NMFCZ opened at $25.52 on Wednesday. The stock’s 50-day moving average price is $25.39 and its two-hundred day moving average price is $25.36. New Mountain Finance Co. 8.250% Notes due 2028 has a 12-month low of $25.01 and a 12-month high of $25.76.

New Mountain Finance Co 8.250% Notes due 2028 (NASDAQ: NMFCZ) are senior unsecured debt securities issued by New Mountain Finance Corporation, a closed-end business development company. These notes pay a fixed annual interest rate of 8.25%, with interest typically paid quarterly and a maturity date in 2028. The securities are listed on the NASDAQ Capital Market, offering investors a fixed-income instrument tied to the performance of the issuer’s diversified investment portfolio.

New Mountain Finance Corporation focuses on making debt and equity investments in middle-market companies across a range of sectors, including business services, healthcare, software, and specialty finance.