NMFC New Mountain Finance dividend history, payout ratio & dates
New Mountain Finance's last dividend of $0.34 per share was on Sep 16, 2024 (ex-date). The annualized dividend payment of $1.14 per share represents a current dividend yield of 9.69%.
Key dates
- NMFC last dividend date: Sep 16, 2024
NMFC dividend stats
vs. Financial Services sector
Dividend yield
New Mountain Finance's dividend yield of 9.69% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.55%, New Mountain Finance's dividend yield is 280% higher. The historical 5-year average of NMFC's dividend yield is 10.3%, which is more than the current one.
Dividend history
New Mountain Finance has a history of paying dividends since 2012. Our records of NMFC show that the company has issued five dividends in the last twelve months. The annualized DPS marks a decrease of 11% since one year ago. And with the stock price down by 8% from a year ago, the dividend yield marks a decrease of 2.9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $0.34 | 9.48% |
| Jun 14, 2024 | $0.34 | 9.17% |
| Mar 14, 2024 | $0.04 | 8.95% |
| Dec 21, 2023 | $0.1 | 10.76% |
| Dec 14, 2023 | $0.32 | 9.99% |
| Sep 14, 2023 | $0.32 | 10.2% |
| Jun 15, 2023 | $0.32 | 10.21% |
| Mar 16, 2023 | $0.32 | 10.54% |
| Dec 15, 2022 | $0.32 | 10.02% |
| Sep 15, 2022 | $0.3 | 9.38% |
| Jun 15, 2022 | $0.3 | 10.36% |
| Mar 16, 2022 | $0.3 | 8.98% |
| Dec 15, 2021 | $0.3 | 9.02% |
| Sep 15, 2021 | $0.3 | 8.95% |
| Jun 15, 2021 | $0.3 | 9.17% |
| Mar 16, 2021 | $0.3 | 9.36% |
| Dec 15, 2020 | $0.3 | 10.75% |
| Sep 15, 2020 | $0.3 | 12.61% |
| Jun 15, 2020 | $0.3 | 13.94% |
| Mar 12, 2020 | $0.34 | 13.6% |
| Dec 12, 2019 | $0.34 | 10.07% |
| Sep 12, 2019 | $0.34 | 10.04% |
| Jun 13, 2019 | $0.34 | 9.69% |
| Mar 14, 2019 | $0.34 | 10.2% |
| Dec 13, 2018 | $0.34 | 10.57% |
| Sep 13, 2018 | $0.34 | 10% |
| Jun 14, 2018 | $0.34 | 10.07% |
| Mar 14, 2018 | $0.34 | 10.38% |
| Dec 14, 2017 | $0.34 | 9.89% |
| Sep 14, 2017 | $0.34 | 9.89% |
| Jun 14, 2017 | $0.34 | 9.41% |
| Mar 15, 2017 | $0.34 | 9.19% |
| Dec 13, 2016 | $0.34 | 9.89% |
| Sep 14, 2016 | $0.34 | 10.06% |
| Jun 14, 2016 | $0.34 | 11.24% |
| Mar 15, 2016 | $0.34 | 11.08% |
| Dec 14, 2015 | $0.34 | 11.19% |
| Sep 14, 2015 | $0.34 | 9.37% |
| Jun 12, 2015 | $0.34 | 10.1% |
| Mar 13, 2015 | $0.34 | 10.35% |
New Mountain Finance dividend payout ratio
Payout ratio
New Mountain Finance's payout ratio of 106.5% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 44%, New Mountain Finance's payout ratio is 142% higher.
Total amount of dividends paid per financial year (from cash flow)
NMFC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OFS OFS Capital Corp | 16.69% | $1.36 | N/A |
| OCSL Oaktree Specialty Lending Corp | 13.88% | $2.2 | 305.6% |
| NMFC New Mountain Finance Corp | 9.69% | $1.14 | 106.5% |
Frequently asked questions
Does New Mountain Finance pay a dividend?
Yes, New Mountain Finance has been paying dividends for the last 12 years.
When was NMFC's last dividend?
New Mountain Finance's last regular dividend was on Sep 16, 2024 (ex-date) with the amount of $0.34 per share.
How much dividend does New Mountain Finance pay (per share)?
NMFC's annualized dividend per share is $1.14.
What is New Mountain Finance's dividend yield?
Currently New Mountain Finance's dividend yield is 9.69%.
What is New Mountain Finance's dividend payout ratio?
New Mountain Finance's dividend payout ratio is 106.5%.
Does New Mountain Finance pay a good dividend?
New Mountain Finance's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.