Looking at the universe of stocks we cover at Dividend Channel, on 12/13/13, New Mountain Finance Corp (NMFC) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 12/31/13. As a percentage of NMFC's recent stock price of $15.00, this dividend works out to approximately 2.27%, so look for shares of New Mountain Finance Corp to trade 2.27% lower — all else being equal — when NMFC shares open for trading on 12/13/13.
Below is a dividend history chart for NMFC, showing historical dividends prior to the most recent $0.34 declared by New Mountain Finance Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NMFC is likely to continue, and whether the current estimated yield of 9.07% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NMFC shares, versus its 200 day moving average:Looking at the chart above, NMFC's low point in its 52 week range is $13.75 per share, with $15.80 as the 52 week high point — that compares with a last trade of $14.99.
According to the ETF Finder at ETF Channel, NMFC makes up 3.06% of the BDC Income ETF (BIZD) which is trading relatively unchanged on the day Wednesday. In Wednesday trading, New Mountain Finance Corp shares are currently up about 0.1% on the day.