NB Private Equity Partners Confirms 2025 Dividend Plans
NB Private Equity Partners Dividend Announcement
NB Private Equity Partners (often referred to as NBPE) has recently made an exciting announcement regarding its dividend plans for the upcoming period. As a key player in the private equity sector, NBPE is managed by Neuberger Berman and has established itself as a formidable entity in the financial markets with a robust portfolio. The company is known for its focus on direct private equity investments, which are made alongside leading private equity firms worldwide.
1H 2025 Dividend Declaration
In its latest communication, NBPE revealed a 1H 2025 dividend of $0.47 per share. This declaration marks the 25th consecutive dividend payment from the firm, bringing the total dividends paid to shareholders since 2013 to over $380 million. This is a testament to the firm’s commitment to returning value to its investors and reflects its sound financial health.
Dividend Yield and Financial Performance
The annualized dividend yield is noteworthy, standing at 3.4% based on the net asset value (NAV) as of November 30, 2024, while the yield based on the closing share price of £15.50 on January 13, 2025, is even higher at 5.0%. This performance signifies not just the stability of NBPE but also the potential for continued growth in shareholder value.
Key Dates for Shareholders
Shareholders of NBPE can look forward to several crucial dates concerning the dividend payment. The ex-dividend date is set for January 23, 2025, and the record date for qualifying for the dividend is January 24, 2025. These dates are important for those wishing to secure their dividends, as they dictate the eligibility for receiving the payments.
Currency Options for Dividends
Additionally, while NBPE declares dividends in US dollars, shareholders have the option to receive their payments in Sterling at the prevailing exchange rate during conversion. This flexibility can be advantageous for investors considering currency fluctuations. If an investor wishes to alter their currency preference, they will need to submit the necessary forms available on NBPE's official website prior to the set election date.
Dividend Re-investment Opportunities
For those eager to grow their investment, NBPE offers a dividend re-investment plan. Through this program, shareholders can opt to reinvest their dividends back into additional shares of the company rather than receiving cash. This not only helps in increasing their shareholding but also promotes long-term investment in the firm’s strategies.
Continued Commitment to Shareholders
NBPE’s management, led by the experienced team at Neuberger Berman, focuses on generating superior returns while ensuring that shareholders are kept informed and engaged. As a closed-end investment company situated in Guernsey, it brings transparency to its operations, helping investors to make informed decisions based on accurate and comprehensive financial data.
Contact Information for Inquiries
For more details regarding the dividend announcement or investment queries, shareholders are encouraged to reach out through the NBPE investor relations team. They can be contacted at +44 20 3214 9002. Furthermore, the investment management team is also available for potential investors seeking additional insights into NBPE's operations or prospectus.
About NB Private Equity Partners
NB Private Equity Partners invests strategically in a variety of private equity investments globally. The Investment Manager, NB Alternatives Advisers LLC, a wholly-owned subsidiary of Neuberger Berman Group LLC, oversees all aspects of sourcing and management of these investments. The firm prides itself on maintaining low fees, granting it an edge in the competitive landscape of listed private equity companies.
Frequently Asked Questions
What is the announced dividend for NBPE in 2025?
NBPE has announced a dividend of $0.47 per share for the first half of 2025.
When is the payment date for the dividend?
The dividend payment is scheduled for February 28, 2025.
How long has NBPE been paying dividends?
NBPE has paid dividends consecutively for 25 periods, totaling over $380 million returned to shareholders since 2013.
Can shareholders choose the currency for their dividends?
Yes, shareholders can choose to receive dividends in either US dollars or Sterling based on their preference at the time of election.
Does NBPE offer a dividend reinvestment plan?
Yes, NBPE provides a dividend reinvestment plan for shareholders who wish to reinvest their dividends into additional shares.
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