NMFC Quick Update: Advisor Committed To $0.30 Dividends Through December 2022
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Summary
Management has “committed to paying quarterly dividends of at least $0.30 over the next seven quarters” through fee waivers.
For Q1 2021, NMFC reported between its base and best-case projections covering its dividend with slightly higher-than-expected dividend and other income.
Credit quality remains strong, the portfolio yield remained stable and …