New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Shares Up 0% – Here’s What Happened

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ)’s share price was up 0% during trading on Monday . The company traded as high as $25.19 and last traded at $25.1640. Approximately 2,805 shares changed hands during trading, a decline of 76% from the average daily volume of 11,560 shares. The stock had previously closed at $25.16.

New Mountain Finance Co. 8.250% Notes due 2028 Trading Down 0.2%

The business has a 50-day simple moving average of $25.36 and a two-hundred day simple moving average of $25.32.

New Mountain Finance Co. 8.250% Notes due 2028 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a dividend of $0.5156 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.2%.

New Mountain Finance Co 8.250% Notes due 2028 (NASDAQ: NMFCZ) are senior unsecured debt securities issued by New Mountain Finance Corporation, a closed-end business development company. These notes pay a fixed annual interest rate of 8.25%, with interest typically paid quarterly and a maturity date in 2028. The securities are listed on the NASDAQ Capital Market, offering investors a fixed-income instrument tied to the performance of the issuer’s diversified investment portfolio.

New Mountain Finance Corporation focuses on making debt and equity investments in middle-market companies across a range of sectors, including business services, healthcare, software, and specialty finance.