The historical rank and industry rank for New Mountain Finance's 3-Year Dividend Growth Rate or its related term are showing as below:
NMFC'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -4.1 Med: -3 Max: 3.9
Current: 3.9
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of New Mountain Finance was 3.90% per year. The lowest was -4.10% per year. And the median was -3.00% per year.
NMFC's 3-Year Dividend Growth Rate is ranked better than 59.37% of 864
companies
in the Asset Management industry
Industry Median: 1.7
vs NMFC: 3.90
During the past 12 months, New Mountain Finance's average Dividends Per Share Growth Rate was 13.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -0.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -0.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of New Mountain Finance Corp is 1.11, which seems too high.
Good Sign:
New Mountain Finance Corp stock dividend yield is close to 3-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of New Mountain Finance's 3-Year Dividend Growth Rate
For the Asset Management subindustry, New Mountain Finance's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Mountain Finance's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, New Mountain Finance's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where New Mountain Finance's 3-Year Dividend Growth Rate falls into.
New Mountain Finance 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
New Mountain Finance (NAS:NMFC) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
New Mountain Finance's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of New Mountain Finance was 2.47. The lowest was 0.63. And the median was 1.31.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of New Mountain Finance Corp is 1.11, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
New Mountain Finance Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.360
2024-03-14
2024-03-15
2024-03-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.360
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.360
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.350
2023-06-15
2023-06-16
2023-06-30
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
New Mountain Finance's Dividend Yield (%) for Today is calculated as
Current Share Price is $12.69.
New Mountain Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.43.
During the past 13 years, the highest Dividend Yield of New Mountain Finance was 26.88%. The lowest was 8.53%. And the median was 9.71%.
Good Sign:
New Mountain Finance Corp stock dividend yield is close to 3-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New Mountain Finance 3-Year Dividend Growth Rate Related Terms>
New Mountain Finance (New Mountain Finance) Business Description
New Mountain Finance Corp is a closed-end, non-diversified management investment company. It invests in equity interests such as preferred stock, common stock, warrants, or options received in connection with debt investments or may include direct investment in the equity of private companies. The company's investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second-lien debt, notes, bonds, and mezzanine securities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NMFC has been successfully added to your