Historically, NBI paid a "bonus" distribution in July. Last year, the July distribution was $.0198 (compare regular distribution: $.007). My hunch is that NBI is slightly conservative with respect to the regular monthly distributions, so they pay out extra at the end of the financial year. NBI usually announces what the regular monthly distribution is going to be in June, but they haven't yet (they will soon, though, now that they temporarily suspended the buy-back).
NBI Price at posting:
$1.36 Sentiment: None Disclosure: Held