Neuberger Berman Income Funds - Neuberger Next Generation Connectivity Fund Inc.
NBXGFinancial Services · Stock · monthly payer
Forward Yield
9.25%
Annual Dividend
$1.44
Payout Ratio
31%
5-Yr Growth
—
Ex-Date
Sep 15, 2026
Frequency
Monthly
Summary
As of September 2026, Neuberger Berman Income Funds - Neuberger Next Generation Connectivity Fund Inc. (NBXG) yields 9.25% ($1.44 per share annually), with a blended fair-value estimate of $21.12 — +39% upside, so it screens as undervalued. Dividend safety grade: B (73/100). 1 years of dividend growth.
Is NBXG a good dividend stock?
Yes, with caveatsNeuberger Berman Income Funds - Neuberger Next Generation Connectivity Fund Inc. (NBXG) pays a monthly dividend yielding 9.25% ($1.44/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (31%)
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.25%
- Payout Ratio
- 31%
- Annual Dividend
- $1.44
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- —
- Market Cap
- $1.2B
- P/E Ratio
- 3.5
- 5-Yr Total Return
- -20%
- 52-Week Range
- $12.32 – $17.43
- Dividend Safety
- B · 73/100
- Ever Cut?
- No
Frequently Asked Questions
NBXG Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+59%
5 Years
-20%
52-Week Range
$12.32 – $17.43
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NBXG worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Neuberger Berman Income Funds - Neuberger Next Generation Connectivity Fund Inc. is $21.12 per share, versus a market price of $15.18. That implies 39% of upside — a margin of safety of about 28%.
Fair Value
$21.12
Current Price
$15.18
Upside
+39%
Margin of Safety
28%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -1.6% annual free-cash-flow growth. We model -1.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -1.2% stage-1 growth, 2.5% terminal growth, $4.43 EPS, $1.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NBXG Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NBXG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $0.1200 | regular |
| Aug 17, 2026 | — | $0.1200 | regular |
| Jul 15, 2026 | — | $0.1200 | regular |
| Jun 15, 2026 | — | $0.1200 | regular |
| May 15, 2026 | — | $0.1200 | regular |
| Apr 15, 2026 | — | $0.1200 | regular |
| Mar 16, 2026 | — | $0.1200 | regular |
| Feb 17, 2026 | — | $0.1200 | regular |
| Jan 15, 2026 | — | $0.1200 | regular |
| Dec 15, 2025 | — | $0.1200 | regular |
| Nov 17, 2025 | — | $0.1200 | regular |
| Oct 15, 2025 | — | $0.1200 | regular |
| Sep 15, 2025 | — | $0.1000 | regular |
| Aug 15, 2025 | — | $0.1000 | regular |
Income Calculator
At $1.44 / yr per share
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