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NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Dividend Yield % : 4.14% (As of May. 27, 2024)


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What is NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND is 4.14%.

Warning Sign:

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

The historical rank and industry rank for NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield % or its related term are showing as below:

NBO' s Dividend Yield % Range Over the Past 10 Years
Min: 3.49   Med: 4.8   Max: 6.42
Current: 4.14

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%.

NBO's Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.54 vs NBO: 4.14

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Payout Ratio for the six months ended in Apr. 2023 was 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.

As of today (2024-05-27), the Forward Dividend Yield % of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND is 3.43%.

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.

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.

The growth rate is calculated with least square regression.

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


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Dividend Yield % Historical Data

The historical data trend for NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield % 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 NEW YORK MUNICIPAL FUND Dividend Yield % Chart

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 3.81 4.05 3.76 5.35

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
Dividend Yield % 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 3.75 3.76 4.59 5.35 4.44

Competitive Comparison of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield %

For the Asset Management subindustry, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield % falls into.



NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.288/8.48
=3.40 %

Current Share Price is $8.48.
NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividends per Share for the forward twelve months is calculated as $0.024 * 12 = $0.288.

* 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  (AMEX:NBO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Dividend Yield % Related Terms

Thank you for viewing the detailed overview of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Dividend Yield % 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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