NYLI CBRE Global Infrastructure Megatrends Term Fund
MEGIFinancial Services · Stock · monthly payer
Forward Yield
9.68%
Annual Dividend
$1.50
Payout Ratio
73%
5-Yr Growth
—
Ex-Date
Jul 24, 2026
Frequency
Monthly
Summary
As of July 2026, NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) yields 9.68% ($1.50 per share annually), with a blended fair-value estimate of $21.83 — +41% upside, so it screens as undervalued. Dividend safety grade: B (72/100).
Is MEGI a good dividend stock?
Yes, with caveatsNYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) pays a monthly dividend yielding 9.68% ($1.50/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.68%
- Payout Ratio
- 73%
- Annual Dividend
- $1.50
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 24, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $807.8M
- P/E Ratio
- 7.5
- 5-Yr Total Return
- -22%
- 52-Week Range
- $13.42 – $15.89
- Dividend Safety
- B · 72/100
- Ever Cut?
- No
Frequently Asked Questions
MEGI Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+18%
5 Years
-22%
52-Week Range
$13.42 – $15.89
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MEGI worth?
Undervaluedhigh confidenceOur blended fair-value estimate for NYLI CBRE Global Infrastructure Megatrends Term Fund is $21.83 per share, versus a market price of $15.51. That implies 41% of upside — a margin of safety of about 29%.
Fair Value
$21.83
Current Price
$15.51
Upside
+41%
Margin of Safety
29%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.06 EPS, $1.50 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MEGI Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 23, 2026 | — | $0.1250 | regular |
| May 22, 2026 | — | $0.1250 | regular |
| Apr 24, 2026 | — | $0.1250 | regular |
| Mar 23, 2026 | — | $0.1250 | regular |
| Feb 23, 2026 | — | $0.1250 | regular |
| Jan 26, 2026 | — | $0.1250 | regular |
| Dec 22, 2025 | — | $0.1250 | regular |
| Nov 24, 2025 | — | $0.1250 | regular |
| Oct 24, 2025 | — | $0.1250 | regular |
| Sep 22, 2025 | — | $0.1250 | regular |
| Aug 25, 2025 | — | $0.1250 | regular |
| Jul 24, 2025 | — | $0.1250 | regular |
| Jun 24, 2025 | — | $0.1250 | regular |
| May 23, 2025 | — | $0.1250 | regular |
Income Calculator
At $1.50 / yr per share
