NMFC News and Press, New Mountain Finance Corporation From 02/06/22

MAIN is considered a best-of-breed BDC currently yielding around 6% and will be announcing Q4 results soon. MAIN provided preliminary Q4 results and portfolio activity which is discussed in this update and will have an impact on dividends. MAIN typically announces dividends two to...

New Mountain Finance Corporation (Nasdaq: NMFC) (“NMFC” or “the Company”) today announced that it will release its financial results for the quarter ended December 31, 2021 on Monday, February 28, 2022 after the close of the U.S. financial markets. Additional...

New Mountain Finance (NMFC +1.3%) extends $50M stock repurchase program.   The company expects the repurchase program to be in place up to December 31. To date, approx. $2.9M worth of repurchases have been made. For further details see: New Mountain Finance extends $50M stock ...

New Mountain Finance Corporation (NASDAQ: NMFC) (“NMFC” or “the Company”) today announced that its board of directors has authorized an extension of a program for the purpose of repurchasing up to $50 million worth of its common stock, to be implemented at th...

This article discusses why TSLX is my largest holding. TSLX has top-notch management continually focused on returns to shareholders or ROE. TSLX has provided investors with excellent returns over the short and long term. Please see the end of the article for my previous TSLX purch...

New Mountain Finance is a well-run BDC with a strong track record of shareholder returns. It invests primarily in technology and defensive industries, and its NAV/share has bounced back to the pre-pandemic level. Management has reduced its management fee, and noted steps to defend...

SLRC and SUNS are among the worst-performing BDCs over the last two years mostly related to lower dividend coverage due to being underleveraged. Earlier this month, SLRC and SUNS announced a potential merger with very different impacts on each company. This article discusses who b...

We take a look at the action in BDCs through the fourth week of November and highlight some of the key themes we are watching. Like September, November is likely to be another write-off for BDC investors. However, the strong price action in October has more than made up for these two ...

BDCs, like REITs almost 20 years ago, want institutional investors and the scale that comes with them. Many of the largest asset managers have been focusing on the BDC sector, including BlackRock, Goldman Sachs, Franklin Templeton, Blackstone, Barings, Carlyle Group, KKR, Bain, TPG Ca...

A quality safe and growing dividend is a primary goal for a stock inclusion in “RIG” /Rose’s Income Garden. High Yield “HY” stocks being lucrative are also desired to be safe along with knowing more risk might be involved with lower dividend growth. ...