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New Mountain Finance Corporation (NASDAQ:NMFC) managed to cover its dividend with net investment income in the March-quarter, which allowed the business development company to maintain a 100% dividend pay-out ratio for the second quarter in a row.
While the margin
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NMFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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