Neuberger Berman MLP Income Fund I About To Put More Money In Your Pocket (NML)

Looking at the universe of stocks we cover at Dividend Channel, on 2/13/14, Neuberger Berman MLP Income Fund I (NML) will trade ex-dividend, for its monthly dividend of $0.105, payable on 2/28/14. As a percentage of NML's recent stock price of $18.40, this dividend works out to approximately 0.57%, so look for shares of Neuberger Berman MLP Income Fund I to trade 0.57% lower — all else being equal — when NML shares open for trading on 2/13/14.

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Below is a dividend history chart for NML, showing historical dividends prior to the most recent $0.105 declared by Neuberger Berman MLP Income Fund I:

NML+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NML is likely to continue, and whether the current estimated yield of 6.85% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NML shares, versus its 200 day moving average:

Neuberger Berman MLP Income Fund I 200 Day Moving Average Chart

Looking at the chart above, NML's low point in its 52 week range is $17.19 per share, with $22.03 as the 52 week high point — that compares with a last trade of $18.40.

In Tuesday trading, Neuberger Berman MLP Income Fund I shares are currently off about 0.3% on the day.

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