NHS (Neuberger Berman High Yield Strategies Fund) Dividend Payout Ratio : 0.71 (As of Apr. 2024)

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

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio for the months ended in Apr. 2024 was 0.71.

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 2.22, 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: 2.22

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
91.79% of 1023 companies
in the Asset Management industry
Industry Median: 0.68 vs NHS: 2.22

As of today (2024-12-13), the Dividend Yield % of Neuberger Berman High Yield Strategies Fund is 13.84%.

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 8.61%.

Neuberger Berman High Yield Strategies Fund's Dividends per Share for the months ended in Apr. 2024 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

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

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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	Apr24
Dividend Payout Ratio	Get a 7-Day Free Trial												-	-	1.26	-	0.71

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

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 Apr. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Apr. 2024 )	/	EPS without NRI (Q: Apr. 2024 )
	=	0.543	/	0.76
	=	0.71

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

In dividends investing, Dividend 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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Neuberger Berman High Yield Strategies Fund (AMEX:NHS) » Definitions » Dividend Payout Ratio

Comparable Companies

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

Website

https://www.nb.com

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