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Neuberger Berman Next Generation Connectivity Fund (Neuberger Berman Next Generation Connectivity Fund) 3-Year Dividend Growth Rate : 0.00% (As of Oct. 2023)


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What is Neuberger Berman Next Generation Connectivity Fund 3-Year Dividend Growth Rate?

Neuberger Berman Next Generation Connectivity Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.60.

The historical rank and industry rank for Neuberger Berman Next Generation Connectivity Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

NBXG's 3-Year Dividend Growth Rate is not ranked *
in the Asset Management industry.
Industry Median: 1.8
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Neuberger Berman Next Generation Connectivity Fund's average Dividends Per Share Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Neuberger Berman Next Generation Connectivity Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 1.28. As of today, Neuberger Berman Next Generation Connectivity Fund's Dividend Yield % is 9.64%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Neuberger Berman Next Generation Connectivity Fund Inc. is 0.83, which seems too high.

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


Competitive Comparison of Neuberger Berman Next Generation Connectivity Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Next Generation Connectivity Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Next Generation Connectivity Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Next Generation Connectivity Fund's 3-Year Dividend Growth Rate falls into.



Neuberger Berman Next Generation Connectivity Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Neuberger Berman Next Generation Connectivity Fund  (NYSE:NBXG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Neuberger Berman Next Generation Connectivity Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.6/ 0.47
=1.28

During the past 3 years, the highest Dividend Payout Ratio of Neuberger Berman Next Generation Connectivity Fund was 0.83. The lowest was 0.83. And the median was 0.83.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Neuberger Berman Next Generation Connectivity Fund Inc. is 0.83, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Neuberger Berman Next Generation Connectivity Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002024-01-122024-01-162024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002023-07-142023-07-172023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1000002023-06-142023-06-152023-06-30Cash 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 Next Generation Connectivity Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.2/12.483
=9.61 %

Current Share Price is $12.483.
Neuberger Berman Next Generation Connectivity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.2.

During the past 3 years, the highest Dividend Yield of Neuberger Berman Next Generation Connectivity Fund was 12.21%. The lowest was 9.58%. And the median was 10.78%.

* 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 Next Generation Connectivity Fund 3-Year Dividend Growth Rate Related Terms>


Neuberger Berman Next Generation Connectivity Fund (Neuberger Berman Next Generation Connectivity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income.
Executives
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
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Michael M Knetter director C/O LEHMAN BROTHERS INC, 399 PARK AVENUE, NEW YORK NY 10022
Hari Ramanan other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Timothy Creedon other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Yan Taw Boon other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Candace L Straight director C/O MONTPELIER RE HOLDINGS LTD., 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter P Trapp director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Neuberger Berman Investment Advisers Llc other: Investment Adv 1290 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK NY 10104
Tom D Seip director PO BOX 9280, WALNUT CREEK CA 94598
John M Mcgovern officer: Treasurer 605 THIRD AVE, NEW YORK NY 10158-3698
George W Morriss director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph V Amato director 605 THIRD AVENUE, NEW YORK NY 10158-3698
Claudia A. Brandon officer: Executive Vice President 605 THIRD AVENUE, NEW YORK NY 10158-3698