Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc.
NMLFinancial Services · Stock · monthly payer
Forward Yield
8.04%
Annual Dividend
$0.84
Payout Ratio
30%
5-Yr Growth
35.6%
Ex-Date
Sep 15, 2026
Frequency
Monthly
Summary
As of September 2026, Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. (NML) yields 8.04% ($0.84 per share annually), with a blended fair-value estimate of $16.84 — +59% upside, so it screens as undervalued. Dividend safety grade: B (68/100).
Is NML a good dividend stock?
Yes, with caveatsNeuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. (NML) pays a monthly dividend yielding 8.04% ($0.84/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (30%)
- Strong 35.6% 5-yr dividend growth
- 97% total price return over 5 years
Risks
- Cut its dividend in 2020
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.04%
- Payout Ratio
- 30%
- Annual Dividend
- $0.84
- 5-Yr Avg Growth
- 35.6%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $583.6M
- P/E Ratio
- 4.3
- 5-Yr Total Return
- 97%
- 52-Week Range
- $7.89 – $10.98
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
NML Price — Last 12 Months
Daily close
Price Return
1 Year
+29%
3 Years
+65%
5 Years
+97%
52-Week Range
$7.89 – $10.98
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NML worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. is $16.84 per share, versus a market price of $10.56. That implies 59% of upside — a margin of safety of about 37%.
Fair Value
$16.84
Current Price
$10.56
Upside
+59%
Margin of Safety
37%
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.
At today's price, the market is pricing in about 10.3% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.45 EPS, $0.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NML 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $0.0700 | regular |
| Aug 17, 2026 | — | $0.0700 | regular |
| Jul 15, 2026 | — | $0.0700 | regular |
| Jun 15, 2026 | — | $0.0700 | regular |
| May 15, 2026 | — | $0.0700 | regular |
| Apr 15, 2026 | — | $0.0700 | regular |
| Mar 16, 2026 | — | $0.0580 | regular |
| Feb 17, 2026 | — | $0.0580 | regular |
| Jan 15, 2026 | — | $0.0580 | regular |
| Dec 15, 2025 | — | $0.0580 | regular |
| Nov 17, 2025 | — | $0.0580 | regular |
| Oct 15, 2025 | — | $0.0580 | regular |
| Sep 15, 2025 | — | $0.0580 | regular |
| Aug 15, 2025 | — | $0.0580 | regular |
Income Calculator
At $0.84 / yr per share
Similar Dividend Stocks
Compare NML
Explore more
Lists and tools related to NML
- Monthly dividend stocks →
- Undervalued dividend stocks →
- Financial Services dividend stocks →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →