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

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) announced a monthly dividend on Friday, February 27th. Investors of record on Monday, March 16th will be given a dividend of 0.0584 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Monday, March 16th.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

NML stock opened at $10.03 on Friday. Neuberger Berman Energy Infrastructure and Income Fund has a 12 month low of $7.10 and a 12 month high of $10.44. The firm has a 50 day simple moving average of $9.39 and a 200 day simple moving average of $8.80.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

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.