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Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Dividend Payout Ratio : 0.00 (As of Oct. 2023)


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What is Neuberger Berman High Yield Strategies Fund Dividend Payout Ratio?

Neuberger Berman High Yield Strategies Fund's dividend payout ratio for the months ended in Oct. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Neuberger Berman High Yield Strategies Fund is 6.79, which seems too high.

The historical rank and industry rank for Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio or its related term are showing as below:

NHS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.77   Max: 6.79
Current: 6.79


During the past 8 years, the highest Dividend Payout Ratio of Neuberger Berman High Yield Strategies Fund was 6.79. The lowest was 0.61. And the median was 0.77.

NHS's Dividend Payout Ratio is ranked worse than
96.53% of 952 companies
in the Asset Management industry
Industry Median: 0.8 vs NHS: 6.79

As of today (2024-05-14), the Dividend Yield % of Neuberger Berman High Yield Strategies Fund is 13.63%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Neuberger Berman High Yield Strategies Fund was 15.49%. The lowest was 6.20%. And the median was 8.50%.

Neuberger Berman High Yield Strategies Fund's Dividends per Share for the months ended in Oct. 2023 was $0.54.

During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Neuberger Berman High Yield Strategies Fund was 13.20% per year. The lowest was 0.10% per year. And the median was 7.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Neuberger Berman High Yield Strategies Fund Dividend Payout Ratio Historical Data

The historical data trend for Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Neuberger Berman High Yield Strategies Fund Dividend Payout Ratio Chart

Neuberger Berman High Yield Strategies Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.83 6.79 0.71 - 6.79

Neuberger Berman High Yield Strategies Fund Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.61 - - 1.26 -

Competitive Comparison of Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio

For the Asset Management subindustry, Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio falls into.



Neuberger Berman High Yield Strategies Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Oct. 2023 )/ EPS without NRI (A: Oct. 2023 )
=1.086/ 0.16
=6.79

Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.543/ -0.27
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Neuberger Berman High Yield Strategies Fund (AMEX:NHS) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Neuberger Berman High Yield Strategies Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman High Yield Strategies Fund is closed-end management investment company. It seeks to achieve its investment objective by investing, under normal market conditions, a majority of its total assets in high yield debt securities of U.S. and foreign issuers.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph Lind other: Portfolio Manager 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Chris Kocinski other: Co-Portfolio Manager 190 SOUTH LASALLE STREET, NEUBERGER BERMAN INVESTMENT ADVISERS, CHICAGO IL 60603
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bradley Tank other: CIO of Adviser C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
Faith Colish director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
Thomas P Oreilly other: Portfolio Manager 200 S WACKER DRIVE STE 2100, C/O LINCOLN CAPITAL FIXED INCOME, CHICAGO IL 60606
Patrick Houlihan Flynn other: Portfolio Manager C/O NEUBERGERF BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180