SmarterDividends
NHS

Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc.

NHS

Financial Services · Asset Management · Stock · monthly payer

$5.34

Undervalued · +110% Add to Portfolio

Forward Yield

20.34%

Annual Dividend

$1.09

Payout Ratio

181%

5-Yr Growth

0.0%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about NHS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) has a forward dividend yield of 20.34%, based on an annual dividend of $1.09 per share and a share price of $5.34.
  • As of Oct 27, 2026, NHS's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
  • NHS last cut its regular dividend in 2018.
  • NHS's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0910 per share.
  • As of Oct 27, 2026, NHS pays out 181% of its trailing 12-month earnings as dividends (its payout ratio).
  • NHS's dividend has been roughly flat over the past five years.
  • As of Oct 27, 2026, NHS's 20.34% yield is 65% above its five-year average yield of 12.34%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for NHS is $11.21 per share, 110% above the $5.34 share price, so NHS screens as undervalued.
  • Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) pays its dividend monthly, 12 times a year.
  • Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) has raised its regular dividend 4 times and cut it 8 times across the 279 payments on record since 2003. Its most recent change was a 0.5% increase to $0.0910 per share, going ex-dividend on Apr 7, 2026. The last cut went ex-dividend on Apr 13, 2018.
Cite this page

SmarterDividends, "NHS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/NHS

Summary

As of Oct 27, 2026, Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) yields 20.34% ($1.09 a year per share) and has a dividend safety grade of C (59/100).

Is NHS a good dividend stock?

Yes, with caveats

Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) pays a monthly dividend yielding 20.34% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2018
    • Elevated payout ratio (181%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    20.34%
    Payout Ratio
    181%
    Annual Dividend
    $1.09
    5-Yr Avg Growth
    0.0%
    Ex-Dividend Date
    Oct 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.80
    Market Cap
    $223.5M
    P/E Ratio
    8.9
    5-Yr Total Return
    -57%
    52-Week Range
    $5.26 – $7.75
    Dividend Safety
    C · 59/100
    Ever Cut?
    Yes (2018)

    NHS dividend raises and cuts

    Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) has raised its regular dividend 4 times and cut it 8 times across the 279 payments on record since 2003. Its most recent change was a 0.5% increase to $0.0910 per share, going ex-dividend on Apr 7, 2026. The last cut went ex-dividend on Apr 13, 2018.

    Ex-dateChangeOld → newMove
    Apr 7, 2026Raise$0.0905 → $0.0910+0.5%
    May 14, 2019Raise$0.0657 → $0.0905+37.9%
    Apr 13, 2018Cut$0.0726 → $0.0657−9.6%
    Apr 12, 2017Cut$0.0796 → $0.0726−8.7%
    Apr 13, 2015Cut$0.0896 → $0.0796−11.1%
    Mar 13, 2012Cut$0.0995 → $0.0896−10.0%
    Jul 13, 2011Cut$0.109 → $0.0995−9.1%
    Feb 11, 2010Raise$0.0846 → $0.109+29.4%
    Jan 21, 2009Cut$0.109 → $0.0846−22.7%
    Jan 19, 2006Cut$0.147 → $0.109−25.7%
    Dec 20, 2005Raise$0.129 → $0.147+13.8%
    Jan 20, 2005Cut$0.137 → $0.129−5.8%
    Every NHS payment →Download every raise and cut (CSV)
    NHS ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →NHS dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is NHS a good dividend stock?

    Yes, with caveats. Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) pays a monthly dividend yielding 20.34% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

    Is NHS undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NHS's fair value is about $11.21 versus a $5.34 share price — so it looks undervalued (+110% vs. fair value).

    Is NHS's dividend safe?

    NHS has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2018, debt and yield-versus-history.

    What is NHS's fair value?

    Our blended fair-value estimate for NHS is about $11.21 per share, roughly 110% above the current $5.34 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is NHS a buy, hold, or sell?

    We don't issue formal ratings, but on the data NHS screens as "yes, with caveats" and undervalued. Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) pays a monthly dividend yielding 20.34% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

    Will NHS cut its dividend?

    NHS earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2018). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does NHS pay a dividend?

    Yes. Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. pays a monthly dividend of about $1.09 per share annually, a forward yield of roughly 20.34%.

    What is NHS's dividend yield?

    As of Oct 27, 2026, NHS's forward dividend yield is 20.34%, based on a $1.09 annual dividend and a $5.34 share price.

    What is NHS's dividend per share?

    As of Oct 27, 2026, NHS pays $1.09 per share per year, distributed on a monthly basis.

    What is NHS's dividend payout ratio?

    As of Oct 27, 2026, NHS's payout ratio is 181% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has NHS grown its dividend?

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

    When is the next NHS ex-dividend date?

    As of Oct 27, 2026, NHS's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0910 per share.

    Income Calculator

    At $1.09 / yr per share

    Per payment (monthly)$9.08
    Annual$109.00
    Monthly avg$9.08

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