NB Global Corporate Income Trust [ASX:NBI] share price and news 2022

Company Description

The NB Global Corporate Income Trust (NBI) provides investors with exposure to the high yield bonds of large and liquid companies globally, these may be an attractive investment solution for investors seeking stable and consistent income, and diversification.

NB Global Corporate Income Trust belongs to Financials sector and under industry of Asset Management & Custody Banks. You can get more information about this company via their website: http://www.nb.com/NBI.

This a small cap company with market cap of 849 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 0 1.03 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 23.4 1.15 1.09

Dividend Growth Chart

The following chart shows you how nbi dividend grows in the recent years.NB Global Corporate Income Trust has dividend yield of 2.11%