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LON:NBMI

NB Global Monthly Income Fund (NBMI) Share Price, News & Analysis

GBX 59.60
+0.20 (+0.34%)
(As of 08:32 AM ET)
Today's Range
59.60
61.60
50-Day Range
51
69
52-Week Range
50
79
Volume
155,490 shs
Average Volume
92,799 shs
Market Capitalization
£42.51 million
P/E Ratio
350.59
Dividend Yield
15.10%
Price Target
N/A

About NB Global Monthly Income Fund

NB Global Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund primarily invests in floating rate senior secured loans issued in U.S. Dollars, Sterling, and Euros by corporations, partnerships, and other business issuers. It seeks to invest in non-investment grade securities that are rated below the four highest categories by at least two independent credit rating agencies. The fund employs fundamental analysis with both bottom-up and top-down approaches, focusing on detailed security and industry analysis with a global economic outlook to create its portfolio. It was formerly known as NB Global Floating Rate Income Fund Limited. NB Global Monthly Income Fund Limited was formed on March 10, 2011 and is domiciled in Guernsey.

NBMI Stock Price History

NBMI Stock News Headlines

NB Global Monthly Income Fund Limited (NBMI.L)
See More Headlines

Company Calendar

Ex-Dividend for 5/31 Dividend
5/02/2024
Today
5/20/2024
Dividend Payable
5/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Market Cap
£42.51 million
Optionable
Not Optionable
Beta
N/A

NBMI Stock Analysis - Frequently Asked Questions

How have NBMI shares performed in 2024?

NB Global Monthly Income Fund's stock was trading at GBX 69.80 at the beginning of the year. Since then, NBMI shares have decreased by 14.6% and is now trading at GBX 59.60.
View the best growth stocks for 2024 here
.

How often does NB Global Monthly Income Fund pay dividends? What is the dividend yield for NB Global Monthly Income Fund?

NB Global Monthly Income Fund announced a dividend on Thursday, April 25th. Shareholders of record on Thursday, May 2nd will be paid a dividend of GBX 4.10 per share on Friday, May 31st. This represents a dividend yield of 7.79%. The ex-dividend date is Thursday, May 2nd. This is a positive change from the stock's previous dividend of GBX 2.10. The official announcement can be seen at this link.
Read our dividend analysis for NBMI
.

Is NB Global Monthly Income Fund a good dividend stock?

NB Global Monthly Income Fund (LON:NBMI) pays an annual dividend of GBX 9 per share and currently has a dividend yield of 12.02%. NBMI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,294.12%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NBMI.

How do I buy shares of NB Global Monthly Income Fund?

Shares of NBMI stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:NBMI) was last updated on 5/20/2024 by MarketBeat.com Staff

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