SmarterDividends
NMFC

New Mountain Finance Corporation 8.250% Notes due 2028

NMFCZ

Stock · quarterly payer

$25.41

Fairly valued · +6% Add to Portfolio

Forward Yield

8.12%

Annual Dividend

$2.06

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about NMFCZ's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) has a forward dividend yield of 8.12%, based on an annual dividend of $2.06 per share and a share price of $25.41.
  • As of Oct 18, 2026, NMFCZ's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
  • NMFCZ has never cut its regular dividend in the payment history SmarterDividends has on record.
  • NMFCZ's next ex-dividend date is Oct 30, 2026, with payment on Nov 16, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, NMFCZ's 8.12% yield is 15% above its five-year average yield of 7.08%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NMFCZ is $27.01 per share, 6% above the $25.41 share price, so NMFCZ screens as fairly valued.
  • New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) pays its dividend quarterly, 4 times a year.
  • New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2024. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "NMFCZ Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NMFCZ

Summary

As of Oct 18, 2026, New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) yields 8.12% ($2.06 a year per share) and has a dividend safety grade of B (66/100).

Is NMFCZ a good dividend stock?

Yes, with caveats

New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) pays a quarterly dividend yielding 8.12% ($2.06/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.12%
Payout Ratio
—
Annual Dividend
$2.06
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 30, 2026
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$25.00 – $25.68
Dividend Safety
B · 66/100
Ever Cut?
No

NMFCZ dividend raises and cuts

New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2024. The regular dividend has not changed in that time.

Every NMFCZ payment →Download every raise and cut (CSV)
NMFCZ ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →NMFCZ dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NMFCZ a good dividend stock?

Yes, with caveats. New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) pays a quarterly dividend yielding 8.12% ($2.06/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is NMFCZ undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NMFCZ's fair value is about $27.01 versus a $25.41 share price — so it looks fairly valued (+6% vs. fair value).

Is NMFCZ's dividend safe?

NMFCZ has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is NMFCZ's fair value?

Our blended fair-value estimate for NMFCZ is about $27.01 per share, roughly 6% above the current $25.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NMFCZ a buy, hold, or sell?

We don't issue formal ratings, but on the data NMFCZ screens as "yes, with caveats" and fairly valued. New Mountain Finance Corporation 8.250% Notes due 2028 (NMFCZ) pays a quarterly dividend yielding 8.12% ($2.06/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will NMFCZ cut its dividend?

NMFCZ earns a dividend-safety grade of B (66/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NMFCZ pay a dividend?

Yes. New Mountain Finance Corporation 8.250% Notes due 2028 pays a quarterly dividend of about $2.06 per share annually, a forward yield of roughly 8.12%.

What is NMFCZ's dividend yield?

As of Oct 18, 2026, NMFCZ's forward dividend yield is 8.12%, based on a $2.06 annual dividend and a $25.41 share price.

What is NMFCZ's dividend per share?

As of Oct 18, 2026, NMFCZ pays $2.06 per share per year, distributed on a quarterly basis.

How many years has NMFCZ grown its dividend?

NMFCZ does not currently have a long dividend-growth streak on record.

When is the next NMFCZ ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for NMFCZ is Oct 30, 2026.

Income Calculator

At $2.06 / yr per share

Per payment (quarterly)$51.60
Annual$206.40
Monthly avg$17.20

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