Dividend Yield

words.Scully Royalty Ltd. (SRL) announced that activist MILFAM LLC’s dissenting proxy to nominate five directors for the Dec. 27 AGM fails to meet the company’s advance‑notice rules and will not be considered. MILFAM is pursuing a Cayman court ruling on the notice’s validity, but any votes for its slate are deemed ineffective. Shareholders should review the SEC‑filed proxy statement and vote using the “white” proxy for the management nominees. The dispute highlights governance tensions in the royalty sector and could affect short‑term stock volatility, while SRL’s stable $150 million cash‑flow portfolio supports a 6‑7% dividend yield and growth strategy.

New Mountain Finance Corporation (NMFC) reported Q2 2025 net investment income of $0.32 per share and declared a Q3 distribution of $0.32 per share. The net asset value was $12.21 per share, down from $12.45 in the previous quarter. Approximately 95% of the portfolio is internally rated green. NMFC increased its senior-oriented asset mix to 78% and repurchased $9.6 million of shares. The company also received a third SBIC license. The investment portfolio stood at $3,014.2 million across 124 companies.