New Mountain Finance Co. 8.250% Notes due 2028 (NMFCZ) Projected to Post Earnings on Tuesday

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) is anticipated to post its results before the market opens on Tuesday, February 24th. Analysts expect New Mountain Finance Co. 8.250% Notes due 2028 to post earnings of $0.3171 per share and revenue of $78.9140 million for the quarter.

New Mountain Finance Co. 8.250% Notes due 2028 Stock Down 0.3%

Shares of NASDAQ:NMFCZ traded down $0.07 during midday trading on Friday, reaching $25.22. 3,363 shares of the company’s stock were exchanged, compared to its average volume of 10,349. New Mountain Finance Co. 8.250% Notes due 2028 has a fifty-two week low of $25.01 and a fifty-two week high of $25.82. The firm’s 50 day simple moving average is $25.37 and its two-hundred day simple moving average is $25.34.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 30th were given a dividend of $0.5156 per share. The ex-dividend date was Friday, January 30th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.2%.

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.