New Mountain Finance Corporation
NMFCFinancial Services · Stock · quarterly payer
$8.01
Add to PortfolioForward Yield
15.11%
Annual Dividend
$1.21
Payout Ratio
800%
5-Yr Growth
1.3%
Ex-Date
Jun 16, 2026
Frequency
Quarterly
NMFC Dividend Safety Score
37/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage800% of earnings paid out
Free-cash-flow coverage121% of free cash flow
Balance-sheet strengthDebt/equity of 1.27
Yield vs its historyYield is 1.4× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is NMFC a good dividend stock?
Higher riskNew Mountain Finance Corporation (NMFC) pays a quarterly dividend yielding 15.11% ($1.21/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (800%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 15.11%
- Payout Ratio
- 800%
- Annual Dividend
- $1.21
- 5-Yr Avg Growth
- 1.3%
- Ex-Dividend Date
- Jun 16, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.60
- Market Cap
- $756.6M
- P/E Ratio
- —
- 5-Yr Total Return
- -40%
- 52-Week Range
- $7.48 – $11.04
- Dividend Safety
- D · 37/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 17, 2026 | — | $0.3200 | regular |
| Dec 17, 2025 | — | $0.3200 | regular |
| Sep 16, 2025 | — | $0.3200 | regular |
| Jun 16, 2025 | — | $0.3200 | regular |
| Mar 17, 2025 | — | $0.3200 | regular |
| Dec 17, 2024 | — | $0.3300 | regular |
| Sep 16, 2024 | — | $0.3400 | regular |
| Jun 14, 2024 | — | $0.3400 | regular |
| Mar 14, 2024 | — | $0.3600 | regular |
| Dec 21, 2023 | — | $0.1000 | regular |
| Dec 14, 2023 | — | $0.3600 | regular |
| Sep 14, 2023 | — | $0.3600 | regular |
| Jun 15, 2023 | — | $0.3500 | regular |
| Mar 16, 2023 | — | $0.3200 | regular |
Income Calculator
At $1.21 / yr per share
Per payment (quarterly)$30.25
Annual$121.00
Monthly avg$10.08
