SmarterDividends
MLPI

Neos Mlp & Energy Infrastructure High Income ETF

MLPI

ETF · ETF · monthly payer

$52.30

Undervalued · +107% Add to Portfolio

Forward Yield

12.64%

Annual Dividend

$6.61

Payout Ratio

—

5-Yr Growth

—

Ex-Date

—

Frequency

Monthly

Key facts about MLPI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 15, 2026, Neos Mlp & Energy Infrastructure High Income ETF (MLPI) has a forward dividend yield of 12.64%, based on an annual dividend of $6.61 per share and a share price of $52.30.
  • MLPI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MLPI's most recent ex-dividend date was Sep 16, 2026, for a dividend of $0.63 per share.
  • As of Oct 15, 2026, MLPI's 12.64% yield is 872% above its five-year average yield of 1.30%.
  • As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for MLPI is $108.43 per share, 107% above the $52.30 share price, so MLPI screens as undervalued.
  • Neos Mlp & Energy Infrastructure High Income ETF (MLPI) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "MLPI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/MLPI

Summary

As of Oct 15, 2026, Neos Mlp & Energy Infrastructure High Income ETF (MLPI) yields 12.64% ($6.61 a year per share).

Is MLPI a good dividend stock?

Mixed

Neos Mlp & Energy Infrastructure High Income ETF (MLPI) pays a monthly dividend yielding 12.64% ($6.61/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
12.64%
Payout Ratio
—
Annual Dividend
$6.61
5-Yr Avg Growth
—
Ex-Dividend Date
—
Years of Growth
0
Frequency
monthly
Beta
—
Market Cap
—
P/E Ratio
18.5
5-Yr Total Return
—
52-Week Range
$49.15 – $58.47
Dividend Safety
—
Ever Cut?
No
MLPI ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →MLPI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MLPI a good dividend stock?

Mixed. Neos Mlp & Energy Infrastructure High Income ETF (MLPI) pays a monthly dividend yielding 12.64% ($6.61/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is MLPI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MLPI's fair value is about $108.43 versus a $52.30 share price — so it looks undervalued (+107% vs. fair value).

What is MLPI's fair value?

Our blended fair-value estimate for MLPI is about $108.43 per share, roughly 107% above the current $52.30 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MLPI a buy, hold, or sell?

We don't issue formal ratings, but on the data MLPI screens as "mixed" and undervalued. Neos Mlp & Energy Infrastructure High Income ETF (MLPI) pays a monthly dividend yielding 12.64% ($6.61/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Does MLPI pay a dividend?

Yes. Neos Mlp & Energy Infrastructure High Income ETF pays a monthly dividend of about $6.61 per share annually, a forward yield of roughly 12.64%.

What is MLPI's dividend yield?

As of Oct 15, 2026, MLPI's forward dividend yield is 12.64%, based on a $6.61 annual dividend and a $52.30 share price.

What is MLPI's dividend per share?

As of Oct 15, 2026, MLPI pays $6.61 per share per year, distributed on a monthly basis.

How many years has MLPI grown its dividend?

MLPI does not currently have a long dividend-growth streak on record.

When is the next MLPI ex-dividend date?

As of Oct 15, 2026, MLPI's next ex-dividend date hasn't been announced. The most recent was Sep 16, 2026, for $0.63 per share.

Income Calculator

At $6.61 / yr per share

Per payment (monthly)$55.09
Annual$661.10
Monthly avg$55.09

Similar Dividend Stocks

DGRODGROiShares Core Dividend Growth ETF1.92%ETFDVYDVYiShares Select Dividend ETF3.41%ETFJEPIJEPIJPMorgan Equity Premium Income ETF8.02%ETFSCHDSCHDSchwab U.S. Dividend Equity ETF3.13%ETF

Compare MLPI

MLPI vs DGROMLPI vs DVYMLPI vs JEPIMLPI vs SCHD

Explore more

Lists and tools related to MLPI