New Mountain Finance (NMFC) Tops Q1 EPS by 1c

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Go back to New Mountain Finance (NMFC) Tops Q1 EPS by 1c

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2020

May 6, 2020 5:05 PM EDT

NEW YORK--(BUSINESS WIRE)-- New Mountain Finance Corporation (NYSE: NMFC) (the "Company", "we", "us" or "our") today announced its financial results for the quarter ended March 31, 2020 and reported first quarter net investment income of $0.32 per weighted average share and adjusted net investment income1 of $0.35 per weighted average share. At March 31, 2020, net asset value (NAV) per share was $11.14, compared to $13.26 at December 31, 2019. The Company also announced that its board of directors declared a second quarter distribution of $0.30 per share, which will be payable on June 30, 2020 to holders of record as of June 16, 2020. For additional... More