SmarterDividends
NXG

NXG NextGen Infrastructure Income Fund

NXG

Financial Services · Asset Management · Stock · monthly payer

$49.36

Undervalued · +234% Add to Portfolio

Forward Yield

14.59%

Annual Dividend

$7.20

Payout Ratio

28%

5-Yr Growth

20.7%

Ex-Date

Nov 16, 2026

Frequency

Monthly

Key facts about NXG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, NXG NextGen Infrastructure Income Fund (NXG) has a forward dividend yield of 14.59%, based on an annual dividend of $7.20 per share and a share price of $49.36.
  • As of Oct 18, 2026, NXG's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, NXG NextGen Infrastructure Income Fund (NXG) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
  • NXG last cut its regular dividend in 2020.
  • NXG's next ex-dividend date is Nov 16, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, NXG pays out 28% of its trailing 12-month earnings as dividends (its payout ratio).
  • NXG's dividend has grown at an average rate of 20.7% a year over the past five years.
  • As of Oct 18, 2026, NXG's 14.59% yield is 42% above its five-year average yield of 10.31%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NXG is $164.91 per share, 234% above the $49.36 share price, so NXG screens as undervalued.
  • NXG NextGen Infrastructure Income Fund (NXG) pays its dividend monthly, 12 times a year.
  • NXG NextGen Infrastructure Income Fund (NXG) has raised its regular dividend 6 times and cut it 2 times across the 131 payments on record since 2012. Its most recent change was a 11.1% increase to $0.600 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Jun 12, 2020.
Cite this page

SmarterDividends, "NXG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NXG

Summary

As of Oct 18, 2026, NXG NextGen Infrastructure Income Fund (NXG) yields 14.59% ($7.20 a year per share), has a dividend safety grade of C (65/100) and has 3 consecutive years of dividend increases on record.

Is NXG a good dividend stock?

Yes, with caveats

NXG NextGen Infrastructure Income Fund (NXG) pays a monthly dividend yielding 14.59% ($7.20/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (28%)
  • Strong 20.7% 5-yr dividend growth

Risks

  • Cut its dividend in 2020
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
14.59%
Payout Ratio
28%
Annual Dividend
$7.20
5-Yr Avg Growth
20.7%
Ex-Dividend Date
Nov 16, 2026
Years of Growth
3
Frequency
monthly
Beta
—
Market Cap
$361.9M
P/E Ratio
2.1
5-Yr Total Return
10%
52-Week Range
$47.10 – $65.78
Dividend Safety
C · 65/100
Ever Cut?
Yes (2020)

NXG dividend raises and cuts

NXG NextGen Infrastructure Income Fund (NXG) has raised its regular dividend 6 times and cut it 2 times across the 131 payments on record since 2012. Its most recent change was a 11.1% increase to $0.600 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Jun 12, 2020.

Ex-dateChangeOld → newMove
Jun 15, 2026Raise$0.540 → $0.600+11.1%
Aug 4, 2025Raise$0.528 → $0.540+2.2%
Sep 15, 2023Raise$0.264 → $0.528+100.0%
Feb 14, 2023Raise$0.208 → $0.264+26.8%
Jul 13, 2020Raise$0.207 → $0.208+0.5%
Jun 12, 2020Cut$0.536 → $0.207−61.3%
Jun 14, 2017Cut$1.60 → $0.536−66.6%
Feb 26, 2013Raise$0.978 → $1.60+64.0%
Every NXG payment →Download every raise and cut (CSV)
NXG ex-dividend date & scheduleNext ex-date Nov 16, 2026 · full ex-dividend historyView →NXG dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NXG a good dividend stock?

Yes, with caveats. NXG NextGen Infrastructure Income Fund (NXG) pays a monthly dividend yielding 14.59% ($7.20/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is NXG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NXG's fair value is about $164.91 versus a $49.36 share price — so it looks undervalued (+234% vs. fair value).

Is NXG's dividend safe?

NXG has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is NXG's fair value?

Our blended fair-value estimate for NXG is about $164.91 per share, roughly 234% above the current $49.36 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NXG a buy, hold, or sell?

We don't issue formal ratings, but on the data NXG screens as "yes, with caveats" and undervalued. NXG NextGen Infrastructure Income Fund (NXG) pays a monthly dividend yielding 14.59% ($7.20/yr), with 3 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 NXG cut its dividend?

NXG earns a dividend-safety grade of C (65/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NXG pay a dividend?

Yes. NXG NextGen Infrastructure Income Fund pays a monthly dividend of about $7.20 per share annually, a forward yield of roughly 14.59%.

What is NXG's dividend yield?

As of Oct 18, 2026, NXG's forward dividend yield is 14.59%, based on a $7.20 annual dividend and a $49.36 share price.

What is NXG's dividend per share?

As of Oct 18, 2026, NXG pays $7.20 per share per year, distributed on a monthly basis.

What is NXG's dividend payout ratio?

As of Oct 18, 2026, NXG's payout ratio is 28% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has NXG grown its dividend?

As of Oct 18, 2026, NXG has increased its dividend for 3 consecutive years.

When is the next NXG ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for NXG is Nov 16, 2026.

Income Calculator

At $7.20 / yr per share

Per payment (monthly)$60.00
Annual$720.00
Monthly avg$60.00

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