New Mountain Finance Co. 8.250% Notes due 2028 (NMFCZ) Projected to Release Quarterly Earnings on Monday

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) is expected to be issuing its results after the market closes on Monday, November 2nd. Analysts expect New Mountain Finance Co. 8.250% Notes due 2028 to post earnings of $0.2583 per share and revenue of $61.07 million for the quarter.

New Mountain Finance Co. 8.250% Notes due 2028 Stock Up 0.1%

Shares of NASDAQ NMFCZ opened at $25.44 on Monday. New Mountain Finance Co. 8.250% Notes due 2028 has a 1-year low of $25.00 and a 1-year high of $25.68. The business has a 50-day moving average of $25.31 and a 200-day moving average of $25.35.

New Mountain Finance Co. 8.250% Notes due 2028 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 30th will be issued a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Friday, October 30th.

New Mountain Finance Corporation is a business development company that provides financing to middle-market businesses. The company is externally managed by New Mountain Finance Advisers LLC, an affiliate of New Mountain Capital, an investment firm focused on growth-oriented companies.

New Mountain Finance generally invests in privately held companies through senior secured loans, unitranche facilities, second-lien and unsecured debt, and selected equity investments. Its portfolio companies are typically established businesses operating in industries that New Mountain considers to have defensive or growth characteristics, including software, business services, healthcare, education, and other specialized sectors.

The company primarily serves businesses in the United States and seeks to generate income from its lending activities while also pursuing long-term capital appreciation through equity investments.