Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) to Issue $0.06 Monthly Dividend

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.0584 per share by the investment management company on Monday, March 31st. This represents a $0.70 annualized dividend and a dividend yield of 8.14%. The ex-dividend date of this dividend is Monday, March 17th.

Neuberger Berman Energy Infrastructure and Income Fund has raised its dividend by an average of 250.3% per year over the last three years.

Neuberger Berman Energy Infrastructure and Income Fund Trading Down 2.5 %

Shares of NML traded down $0.22 on Tuesday, hitting $8.61. The company’s stock had a trading volume of 308,297 shares, compared to its average volume of 205,376. Neuberger Berman Energy Infrastructure and Income Fund has a fifty-two week low of $6.98 and a fifty-two week high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.