NMFC News and Press, New Mountain Finance Corporation From 08/02/23

2023-08-02 17:14:29 ET New Mountain Finance press release ( NASDAQ: NMFC ): Q2 net investment income per share of $0.39 beats by $0.01 . Total investment income of $95.5M (+30.6% Y/Y) beats by $3.73M . Net asset value per share of $13.14, in...

Reports Net Investment Income of $0.39 per share and stable Net Asset Value Declares a Regular Third Quarter Distribution of $0.32 per Share and a Supplemental Distribution of $0.04 per Share New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain,” “New Mo...

2023-08-01 17:35:56 ET New Mountain Finance ( NASDAQ: NMFC ) is scheduled to announce Q2 earnings results on Wednesday, August 2nd, after market close. The consensus EPS Estimate is $0.38 and the consensus Revenue Estimate is $91.77M (+25.5% Y/Y). Over the last 3 month...

2023-08-01 12:48:02 ET Summary This article discusses TRIN which I have started active coverage assessing the sustainability of the dividend, portfolio credit quality, and quality of management, used to set target prices. TRIN is internally managed with the potential for growing i...

2023-07-26 11:50:40 ET Summary This article discusses dividend coverage for two BDCs currently yielding around 10% including supplemental dividends. I own both of these for the reasons discussed below including dividend increases and recently announced supplemental dividends. ...

2023-07-23 10:15:00 ET Summary One of the largest mistakes that investors make is focusing on historical dividend coverage instead of projected dividend coverage. This article discusses historical and projected dividend coverage for ARCC, which is the largest BDC currently yieldin...

2023-07-19 15:17:08 ET Summary This article discusses dividend coverage for two BDCs currently yielding around 11% including supplemental dividends. We suggest one of these companies with a list of positives that investors should consider. One of the largest mistakes that BDC ...

2023-07-16 23:46:28 ET Summary New Mountain Finance is a business development company that primarily targets loans to middle-market companies. NMFC is currently trading at a 7% discount to NAVPS and has been covering its dividends with net investment income, yielding just under 10...

2023-07-13 12:36:39 ET Summary This article discusses portfolio credit quality for Ares Capital which is the largest BDC currently yielding 10%. Credit quality is the most important consideration when selecting which BDCs are "buy and hold" as well as setting target prices. Th...

2023-07-07 03:12:00 ET Summary Rose's Income Garden portfolio saw 39 companies pay dividends in June, with seven raises and one cut; the portfolio yield is approximately 5.2% and its value increased by 1.75% YTD excluding dividends. The portfolio, which consists of 80 stocks from ...