Looking at the universe of stocks we cover at Dividend Channel, on 6/14/17, New Mountain Finance Corp (NMFC), Parkway Inc (PKY), and QTS Realty Trust Inc (QTS) will all trade ex-dividend for their respective upcoming dividends. New Mountain Finance Corp will pay its quarterly dividend of $0.34 on 6/30/17, Parkway Inc will pay its quarterly dividend of $0.10 on 6/30/17, and QTS Realty Trust Inc will pay its quarterly dividend of $0.39 on 7/6/17.

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As a percentage of NMFC's recent stock price of $14.67, this dividend works out to approximately 2.32%, so look for shares of New Mountain Finance Corp to trade 2.32% lower — all else being equal — when NMFC shares open for trading on 6/14/17. Similarly, investors should look for PKY to open 0.50% lower in price and for QTS to open 0.73% lower, all else being equal.

Below are dividend history charts for NMFC, PKY, and QTS, showing historical dividends prior to the most recent ones declared.

New Mountain Finance Corp (NMFC):


Parkway Inc (PKY):


QTS Realty Trust Inc (QTS):


In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 9.27% for New Mountain Finance Corp, 2.01% for Parkway Inc, and 2.93% for QTS Realty Trust Inc.

In Monday trading, New Mountain Finance Corp shares are currently trading flat, Parkway Inc shares are up about 0.1%, and QTS Realty Trust Inc shares are off about 0.5% on the day.