Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc.
NHSFinancial Services · Stock · monthly payer
Forward Yield
17.77%
Annual Dividend
$1.09
Payout Ratio
181%
5-Yr Growth
0.0%
Ex-Date
Jul 15, 2026
Frequency
Monthly
Summary
As of July 2026, Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) yields 17.77% ($1.09 per share annually), with a blended fair-value estimate of $13.32 — +118% upside, so it screens as undervalued. Dividend safety grade: C (60/100).
Is NHS a good dividend stock?
Yes, with caveatsNeuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. (NHS) pays a monthly dividend yielding 17.77% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2018
- Elevated payout ratio (181%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 17.77%
- Payout Ratio
- 181%
- Annual Dividend
- $1.09
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jul 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.75
- Market Cap
- $255.7M
- P/E Ratio
- 10.2
- 5-Yr Total Return
- -51%
- 52-Week Range
- $6.06 – $7.75
- Dividend Safety
- C · 60/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
NHS Price — Last 12 Months
Daily close
Price Return
1 Year
-19%
3 Years
-22%
5 Years
-51%
52-Week Range
$6.06 – $7.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NHS worth?
Undervaluedlow confidenceOur blended fair-value estimate for Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. is $13.32 per share, versus a market price of $6.11. That implies 118% of upside — a margin of safety of about 54%.
Fair Value
$13.32
Current Price
$6.11
Upside
+118%
Margin of Safety
54%
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 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $0.60 EPS, $1.09 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NHS Dividend Safety Score
Borderline
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 |
|---|---|---|---|
| Jul 15, 2026 | — | $0.0910 | regular |
| Jun 15, 2026 | — | $0.0910 | regular |
| May 15, 2026 | — | $0.0910 | regular |
| Apr 7, 2026 | — | $0.0910 | regular |
| Mar 16, 2026 | — | $0.0905 | regular |
| Feb 17, 2026 | — | $0.0905 | regular |
| Jan 15, 2026 | — | $0.0905 | regular |
| Dec 15, 2025 | — | $0.0905 | regular |
| Nov 17, 2025 | — | $0.0905 | regular |
| Oct 15, 2025 | — | $0.0905 | regular |
| Sep 15, 2025 | — | $0.0905 | regular |
| Aug 15, 2025 | — | $0.0905 | regular |
| Jul 15, 2025 | — | $0.0905 | regular |
| Jun 16, 2025 | — | $0.0905 | regular |
Income Calculator
At $1.09 / yr per share
