New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Trading Down 0.2% – Here’s Why

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZGet Free Report)’s share price traded down 0.2% during trading on Tuesday . The stock traded as low as $25.47 and last traded at $25.52. 9,901 shares were traded during trading, a decline of 17% from the average session volume of 11,895 shares. The stock had previously closed at $25.58.

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

The firm has a 50-day moving average of $25.38 and a 200 day moving average of $25.40.

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

The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 31st will be given a dividend of $0.516 per share. This is a boost from New Mountain Finance Co. 8.250% Notes due 2028’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, October 31st. This represents a $2.06 annualized dividend and a yield of 8.1%.

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