earnings
confidence high
sentiment neutral
materiality 0.80
NMFC Q4 NII $0.32/share, cuts dividend to $0.25 starting Q2 2026
New Mountain Finance Corp
2025-FY EPS reported
$0.16
- NII of $33.0M ($0.32/share) covers Q1 2026 dividend of $0.32, but dividend reduced to $0.25/share from Q2 2026.
- NAV per share fell to $11.52 from $12.06 in Q3 2025; total NAV $1,182.2M.
- Signed agreement to sell $477M of assets at 94% of Dec 2025 fair value to enhance diversification and lower PIK income.
- Incentive fee permanently reduced to 15% over 8% hurdle; $30M of shares repurchased since Q3.
- Portfolio fair value $2,755.5M in 114 companies; 94.8% green-rated; senior asset mix ~80%.