HomeCompareARCC vs NMFC

ARCC vs NMFC: Dividend Comparison 2026

ARCC yields 10.82% · NMFC yields 16.80%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 NMFC wins by $46.9K in total portfolio value
10 years
ARCC
Ares Capital Corporation
● Live price
10.82%
Share price
$17.74
Annual div
$1.92
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$24.5K
Annual income
$1.16
Full ARCC calculator →
NMFC
NMFC
● Live price
16.80%
Share price
$7.62
Annual div
$1.28
5Y div CAGR
3.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$71.4K
Annual income
$7,417.58
Full NMFC calculator →

Portfolio growth — ARCC vs NMFC

📍 NMFC pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodARCCNMFC
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
📅

Dividend Calendar Overlap

Combined, ARCC + NMFC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
ARCC pays
NMFC pays
Both pay
Neither
💰

Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

ARCC
Annual income on $10K today (after 15% tax)
$919.95/yr
After 10yr DRIP, annual income (after tax)
$0.99/yr
NMFC
Annual income on $10K today (after 15% tax)
$1,427.82/yr
After 10yr DRIP, annual income (after tax)
$6,304.94/yr
At 15% tax rate, NMFC beats the other by $6,303.96/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of ARCC + NMFC for your $10,000?

ARCC: 50%NMFC: 50%
100% NMFC50/50100% ARCC
Portfolio after 10yr
$48.0K
Annual income
$3,709.37/yr
Blended yield
7.73%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on ARCC right now

ARCC
Analyst Ratings
24
Buy
7
Hold
Consensus: Buy
Price Target
$21.88
+23.3% upside vs current
Range: $21.00 — $23.00
Altman Z
0.8
Piotroski
4/9
NMFC
Analyst Ratings
3
Buy
8
Hold
1
Sell
Consensus: Hold
Price Target
$10.00
+31.2% upside vs current
Range: $10.00 — $10.00
Altman Z
0.5
Piotroski
8/9
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

ARCC buys
0
NMFC buys
0
No recent congressional trades found for ARCC or NMFC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricARCCNMFC
Forward yield10.82%16.80%
Annual dividend / share$1.92$1.28
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%3.1%
Portfolio after 10y$24.5K$71.4K
Annual income after 10y$1.16$7,417.58
Total dividends collected$1.1K$40.9K
Payment frequencyquarterlyquarterly
SectorBDCStock
Analyst consensusBuyHold
Analyst price target$21.88$10.00

Year-by-year: ARCC vs NMFC ($10,000, DRIP)

YearARCC PortfolioARCC Income/yrNMFC PortfolioNMFC Income/yrGap
1← crossover$11,381$541.15$12,432$1,731.86$1.1KNMFC
2$12,621$284.08$15,377$2,074.55$2.8KNMFC
3$13,827$145.31$18,925$2,472.44$5.1KNMFC
4$15,062$73.43$23,182$2,932.14$8.1KNMFC
5$16,364$36.89$28,266$3,460.76$11.9KNMFC
6$17,757$18.49$34,310$4,065.84$16.6KNMFC
7$19,258$9.25$41,467$4,755.41$22.2KNMFC
8$20,880$4.63$49,908$5,537.91$29.0KNMFC
9$22,636$2.32$59,824$6,422.20$37.2KNMFC
10$24,539$1.16$71,429$7,417.58$46.9KNMFC

ARCC vs NMFC: Complete Analysis 2026

ARCCBDC

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Full ARCC Calculator →

NMFCStock

New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $50 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million and target investments up to a $125 million hold size. The fund seeks a majority stake in its portfolio companies.

Full NMFC Calculator →
📬

Get this ARCC vs NMFC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

ARCC vs MAINARCC vs HTGCARCC vs GBDCARCC vs ORCCARCC vs BXSLARCC vs SCHDARCC vs JEPIARCC vs O

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.