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NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) 5-Year Dividend Growth Rate : -2.00% (As of Apr. 2023)


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What is NEUBERGER BERMAN NEW YORK MUNICIPAL FUND 5-Year Dividend Growth Rate?

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividends per Share for the six months ended in Apr. 2023 was $0.18.

During the past 12 months, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's average Dividends Per Share Growth Rate was -12.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND was -1.20% per year. The lowest was -11.90% per year. And the median was -7.80% per year.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Payout Ratio for the six months ended in Apr. 2023 was 0.16. As of today, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield % is 4.14%.

Warning Sign:

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. stock dividend yield is close to 2-year low.

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


Competitive Comparison of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's 5-Year Dividend Growth Rate

For the Asset Management subindustry, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 NEW YORK MUNICIPAL FUND's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's 5-Year Dividend Growth Rate falls into.



NEUBERGER BERMAN NEW YORK MUNICIPAL FUND 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND  (AMEX:NBO) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Payout Ratio for the quarter that ended in Apr. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2023 )/ EPS without NRI (Q: Apr. 2023 )
=0.176/ 1.11
=0.16

During the past 13 years, the highest Dividend Payout Ratio of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND was 6.66. The lowest was 0.38. And the median was 0.70.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0240002023-09-282023-09-292023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-08-302023-08-312023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-07-282023-07-312023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-06-292023-06-302023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-05-302023-05-312023-06-15Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.12/8.48
=1.42 %

Current Share Price is $8.48.
NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.12.

During the past 13 years, the highest Dividend Yield of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND was 6.42%. The lowest was 3.49%. And the median was 4.80%.

Warning Sign:

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. stock dividend yield is close to 2-year low.

* 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 NEW YORK MUNICIPAL FUND 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. is a non-diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Bradley Tank other: CEO of Affil. of Inv. Mgr. C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
Stephen Blake Miller other: Portfolio Manager C/O NEUBERGER BERMAN LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
James Iselin other: Portfolio Manager C/O NEUBERGER BERMAN, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Faith Colish other: Retired Director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
James G. Stavridis director C/O NEUBERGER 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
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Headlines

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