Dividend Insights on New Mountain Finance: Key Information Ahead of Jun 16, 2025 Ex-Dividend Date

New Mountain Finance Corporation (NMFC) has announced a dividend of $0.320 per share, with an ex-dividend date of Jun 16, 2025, and payment scheduled for Jun 30, 2025. This dividend marks a notable increase from the average of the last ten dividends, which stood at $0.258 per share. The previous dividend, paid on Mar 31, 2025, also amounted to $0.320 per share. Both dividends have been categorized as cash dividends.

Recently, NMFC stock has been trading at a 13% discount to its net asset value, reflecting market concerns about a potential short-term dividend cut. However, over the past week, significant developments have emerged. Analysts have projected a 12-month price target for NMFC stock, ranging from $10 to $12, indicating a potential upside. Furthermore, Hennion & Walsh Asset Management Inc. recently acquired 59,249 shares of NMFC, showcasing increased institutional interest. As of late, NMFC's stock traded down slightly, reaching $10.79, with substantial trading volume observed.

Over the past week, NMFC has been the center of discussions in various forums, emphasizing the stock's current value proposition. The stock's yield remains attractive at 13.11%, and insiders have been actively buying, signaling confidence in the company's fundamentals. Since the last update, the historical data of NMFC has been closely monitored, with real-time market data showing the stock's performance and its alignment with broader market trends. These factors contribute to the ongoing analysis of NMFC's market position and potential growth.

In conclusion, NMFC's upcoming ex-dividend date on Jun 16, 2025, is pivotal for investors. This date marks the last opportunity for shareholders to purchase NMFC stock and receive the dividend, as any acquisitions made after this date will not entitle investors to the current dividend payout.