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NMFC vs MSEX: Dividend Comparison 2026

NMFC yields 16.80% · MSEX yields 2.65%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 NMFC wins by $22.7K in total portfolio value
10 years
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 →
MSEX
MSEX
● Live price
2.65%
Share price
$52.74
Annual div
$1.40
5Y div CAGR
31.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$48.7K
Annual income
$8,246.31
Full MSEX calculator →

Portfolio growth — NMFC vs MSEX

📍 NMFC pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

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

Crisis PeriodNMFCMSEX
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%.
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Dividend Calendar Overlap

Combined, NMFC + MSEX cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
NMFC pays
MSEX pays
Both pay
Neither
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Tax Bracket Optimizer

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

NMFC
Annual income on $10K today (after 15% tax)
$1,427.82/yr
After 10yr DRIP, annual income (after tax)
$6,304.94/yr
MSEX
Annual income on $10K today (after 15% tax)
$225.64/yr
After 10yr DRIP, annual income (after tax)
$7,009.36/yr
At 15% tax rate, MSEX beats the other by $704.42/year in after-tax income after 10 years on $10,000
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Lazy Portfolio Split Optimizer

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

NMFC: 50%MSEX: 50%
100% MSEX50/50100% NMFC
Portfolio after 10yr
$60.1K
Annual income
$7,831.95/yr
Blended yield
13.04%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on MSEX right now

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
MSEX
Analyst Ratings
3
Buy
1
Hold
Consensus: Buy
Price Target
$53.50
+1.4% upside vs current
Range: $52.00 — $55.00
Altman Z
1.1
Piotroski
4/9
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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

NMFC buys
0
MSEX buys
0
No recent congressional trades found for NMFC or MSEX in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNMFCMSEX
Forward yield16.80%2.65%
Annual dividend / share$1.28$1.40
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR3.1%31.2%
Portfolio after 10y$71.4K$48.7K
Annual income after 10y$7,417.58$8,246.31
Total dividends collected$40.9K$25.1K
Payment frequencyquarterlyquarterly
SectorStockStock
Analyst consensusHoldBuy
Analyst price target$10.00$53.50

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

YearNMFC PortfolioNMFC Income/yrMSEX PortfolioMSEX Income/yrGap
1← crossover$12,432$1,731.86$11,048$348.27+$1.4KNMFC
2$15,377$2,074.55$12,293$471.81+$3.1KNMFC
3$18,925$2,472.44$13,798$643.72+$5.1KNMFC
4$23,182$2,932.14$15,649$885.89+$7.5KNMFC
5$28,266$3,460.76$17,977$1,232.03+$10.3KNMFC
6$34,310$4,065.84$20,971$1,735.35+$13.3KNMFC
7$41,467$4,755.41$24,921$2,482.19+$16.5KNMFC
8$49,908$5,537.91$30,282$3,616.88+$19.6KNMFC
9$59,824$6,422.20$37,791$5,389.01+$22.0KNMFC
10$71,429$7,417.58$48,683$8,246.31+$22.7KNMFC

NMFC vs MSEX: Complete Analysis 2026

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 →

MSEXStock

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

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