Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) to Issue Monthly Dividend of $0.07

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) declared a monthly dividend on Friday, July 31st. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0701 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, August 17th.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 0.4%

Shares of Neuberger Berman Energy Infrastructure and Income Fund stock opened at $10.76 on Friday. The business has a 50-day simple moving average of $10.20 and a 200 day simple moving average of $10.07. Neuberger Berman Energy Infrastructure and Income Fund has a one year low of $7.89 and a one year high of $10.95.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Western Wealth Management LLC bought a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the first quarter valued at $39,000. Monetary Management Group Inc. boosted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 30.0% during the 2nd quarter. Monetary Management Group Inc. now owns 5,200 shares of the investment management company’s stock valued at $47,000 after purchasing an additional 1,200 shares during the last quarter. Fifth Third Bancorp bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the 1st quarter worth approximately $80,000. Evolve Private Wealth LLC purchased a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter worth approximately $89,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 8.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 14,762 shares of the investment management company’s stock valued at $125,000 after purchasing an additional 1,112 shares in the last quarter.

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.