Neuberger Berman Energy Infrastructure and Income Fund Inc. (NML) to Issue Monthly Dividend of $0.06 on February 29th

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NMLGet Free Report) declared a monthly dividend on Wednesday, January 31st, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.0584 per share by the investment management company on Thursday, February 29th. This represents a $0.70 dividend on an annualized basis and a yield of 10.90%. The ex-dividend date is Wednesday, February 14th.

Neuberger Berman Energy Infrastructure and Income Fund has increased its dividend by an average of 35.6% per year over the last three years.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 0.9 %

NYSEAMERICAN NML opened at $6.43 on Monday. Neuberger Berman Energy Infrastructure and Income Fund has a fifty-two week low of $6.09 and a fifty-two week high of $7.38.

Institutional Investors Weigh In On Neuberger Berman Energy Infrastructure and Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in NML. UBS Group AG increased its position in Neuberger Berman Energy Infrastructure and Income Fund by 6.6% in the third quarter. UBS Group AG now owns 146,430 shares of the investment management company’s stock worth $1,007,000 after buying an additional 9,025 shares during the period. Osaic Holdings Inc. lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 11.3% in the 2nd quarter. Osaic Holdings Inc. now owns 91,137 shares of the investment management company’s stock worth $627,000 after acquiring an additional 9,257 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 13.1% in the 2nd quarter. Wells Fargo & Company MN now owns 341,758 shares of the investment management company’s stock worth $2,351,000 after acquiring an additional 39,550 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 2nd quarter worth about $25,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 31.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,488 shares of the investment management company’s stock worth $141,000 after purchasing an additional 4,916 shares in the last quarter.

About Neuberger Berman Energy Infrastructure and Income Fund

(Get Free Report)

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.

See Also

Dividend History for Neuberger Berman Energy Infrastructure and Income Fund (NYSEAMERICAN:NML)

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