NMFC / New Mountain Finance: A BDC Value Buy

New Mountain Finance (NASDAQ:NMFC ) Q3 2023 Earnings Conference Call November 3, 2023 11:00 AM ET Company Participants John Kline – President and Ch more_horizontal

New Mountain Finance has a stable NAV/share and a healthy portfolio, outperforming the S&P 500 in total returns over the past 5 years. NMFC benefits f more_horizontal

This article discusses dividend coverage for two BDCs currently yielding around 11% including supplemental dividends. We suggest one of these companie more_horizontal

New Mountain Finance is a business development company that primarily targets loans to middle-market companies. NMFC is currently trading at a 7% disc more_horizontal

New Mountain Finance is benefiting from the higher interest rate environment, leading to increased quarterly dividend payments and the launch of a sup more_horizontal

New Mountain Finance covered its dividend with NII in 4Q-22. The BDC paid its first raised dividend of $0.32 per share in the fourth quarter. more_horizontal

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain” or “the Company”) announced today that it will rele more_horizontal

New Mountain (NMFC) delivered earnings and revenue surprises of 0% and 11.41%, respectively, for the quarter ended December 2022. Do the numbers hold more_horizontal