NHS (Neuberger Berman High Yield Strategies Fund) Dividend Payout Ratio: 10.82 (As of Apr. 2026) — 1270% Above Median

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NHS Neuberger Berman High Yield Strategies Fund Inc NHS
44 GF Score
Price $6.20
GF Value $7.23
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

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

Neuberger Berman High Yield Strategies Fund NHS -0.48% 44 Dividend Payout Ratio is 10.82 as of Apr. 2026, which is 1270% above its 10-year median of 0.79. GuruFocus rates NHS with a GF Score™ of 44/100 and a GF Value™ of $7.23 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 931 Asset Management companies, Neuberger Berman High Yield Strategies Fund ranks worse than 84.53% on this metric.

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. 2026 was 10.82.

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 Inc is 1.84, 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: 0.79   Max: 6.79
Current: 1.84


During the past 10 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 0.79.

NHS's Dividend Payout Ratio is ranked worse than
84.53% of 931 companies
in the Asset Management industry
Industry Median: 0.69 vs NHS: 1.84

As of today (2026-07-14), the Dividend Yield % of Neuberger Berman High Yield Strategies Fund is 17.43%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Neuberger Berman High Yield Strategies Fund was 17.65%. The lowest was 6.20%. And the median was 9.29%.

Neuberger Berman High Yield Strategies Fund's Dividends per Share for the months ended in Apr. 2026 was $0.54.

During the past 12 months, Neuberger Berman High Yield Strategies Fund's average Dividends Per Share Growth Rate was 0.10% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Neuberger Berman High Yield Strategies Fund was 13.30% per year. The lowest was 0.00% per year. And the median was 0.10% 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 (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


Neuberger Berman High Yield Strategies Fund Dividend Payout Ratio Historical Data

* Premium members only.

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.

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 Oct24 Oct25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.00 6.79 0.75 1.65

Neuberger Berman High Yield Strategies Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 1.06 4.95 1.01 10.82

NHS vs NRO, TPVG, OPP: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.


NHS
44GF Score
Neuberger Berman High Yield Strategies Fund Inc NHS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neuberger Berman High Yield Strategies Fund Dividend Payout Ratio Calculation

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 fiscal year that ended in Oct. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Oct. 2025 )/ EPS without NRI (A: Oct. 2025 )
=1.08/ 0.656
=1.65

Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=0.541/ 0.05
=10.82

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 10.82 mean?
Neuberger Berman High Yield Strategies Fund (NHS) has a Dividend Payout Ratio of 10.82 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Neuberger Berman High Yield Strategies Fund and its competitors. This is 1270% above median its historical median of 0.79. Over the past decade, Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio has ranged from 0.61 to 6.79. According to the industry distribution chart, Neuberger Berman High Yield Strategies Fund ranks #787 out of 931 companies in the Asset Management industry, placing it in the top 84.5%.
Is Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio too high?
Neuberger Berman High Yield Strategies Fund's current Dividend Payout Ratio of 10.82 is 1270% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 6.79. The Asset Management industry median Dividend Payout Ratio is 0.69. Neuberger Berman High Yield Strategies Fund's value of 10.82 is 1468.1% above this industry median. Based on the distribution chart, Neuberger Berman High Yield Strategies Fund ranks #787 out of 931 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Neuberger Berman High Yield Strategies Fund has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman High Yield Strategies Fund's Dividend Payout Ratio compare to NRO and TPVG?
According to the Asset Management industry distribution chart, Neuberger Berman High Yield Strategies Fund ranks #787 out of 931 companies for Dividend Payout Ratio. This places Neuberger Berman High Yield Strategies Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.69. Neuberger Berman High Yield Strategies Fund's value of 10.82 is 1468.1% above this benchmark. Historically, Neuberger Berman High Yield Strategies Fund's own Dividend Payout Ratio has ranged from 0.61 to 6.79 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.69, Neuberger Berman High Yield Strategies Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.69, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neuberger Berman High Yield Strategies Fund's current Dividend Payout Ratio of 10.82 is 1468.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Neuberger Berman High Yield Strategies Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman High Yield Strategies Fund's current Dividend Payout Ratio is 10.82, which is 1270% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman High Yield Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman High Yield Strategies Fund (NHS) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.23, compared to a current price of $6.20 — trading 14.2% below its estimated fair value. The current Dividend Payout Ratio is 10.82, which is 1270% above median its 10-year median of 0.79 and 1468.1% above the Asset Management industry median of 0.69. Neuberger Berman High Yield Strategies Fund's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Neuberger Berman High Yield Strategies Fund (NHS), the current Dividend Payout Ratio is 10.82 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Neuberger Berman High Yield Strategies Fund (NHS) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman High Yield Strategies Fund stock appears to be undervalued. The current stock price of $6.20 is trading 14.2% below its estimated GF Value™ of $7.23. GuruFocus considers Neuberger Berman High Yield Strategies Fund to be Modestly Undervalued.

Key valuation signals for NHS:

  • Dividend Payout Ratio: 10.82 (1270% above median its 10-year median of 0.79)
  • GF Value™: $7.23 vs. price of $6.20 (14.2% below fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 1468.1% above the Asset Management median (#787 of 931)

No single metric tells the full story. See the NHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neuberger Berman High Yield Strategies Fund Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman High Yield Strategies Fund Inc is a diversified, closed-end management investment company. The company invests in high yield debt securities market. The Fund uses leverage to pursue its investment objective. The Fund may invest in a variety of direct debt instruments, including bank loans, notes and other interests in amounts owed to financial institutions by borrowers, such as companies and governments. Corporate loans in which the Fund may invest will consist of direct obligations of borrowers. The Fund may invest in corporate loans at origination as a co-lender or may acquire loans in the secondary market by purchasing participations in, assignments of or novations of corporate loans.
44GF Score

Get the complete analysis for NHS

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.20
Price
$7.23
GF Value