Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML – Get Free Report) declared a monthly dividend on Friday, May 29th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0701 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Monday, June 15th.
Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.4%
Shares of Neuberger Berman Energy Infrastructure and Income Fund stock traded up $0.04 during trading on Friday, reaching $10.18. 130,074 shares of the stock traded hands, compared to its average volume of 175,223. The business has a fifty day simple moving average of $10.14 and a two-hundred day simple moving average of $9.55. Neuberger Berman Energy Infrastructure and Income Fund has a 52-week low of $7.89 and a 52-week high of $10.71.
About Neuberger Berman Energy Infrastructure and Income Fund
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.
Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.
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