About NEOS Long/Short Equity Income ETF (NLSI) — Dividend Analysis 2026
NLSI implements a long short equity strategy combined with an options overlay to generate monthly income while maintaining exposure to US equities. The fund holds long and short positions in mid- and large-cap US exchange-traded equities, with portfolio construction guided by a proprietary process that differentiates companies with stronger expected fundamentals from those viewed less favorably. Long positions are built through bottom-up security selection, while short positions target equities with weaker balance sheets, cash flow, or sector conditions. Alongside the equity portfolio, the fund employs an options strategy using index-based put spreads, consisting of written and purchased put options, to generate option premium and support income generation. The options positions may be actively adjusted prior to expiration and are designed to complement the equity exposures rather than hedge them outright. The fund maintains a consistent long short structure with defined gross exposure targets and may hold cash and short-term instruments to support portfolio operations and short positions.
Is NLSI a good dividend investment in 2026?
NLSI offers a 1.90% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
NLSI DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your NLSI portfolio grows to $12.1K vs $11.9K without reinvestment. This is the compound interest effect in action.
NLSI dividend growth history & forecast
NLSI has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.90%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 NLSI Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold NLSI.
Gross yield
1.90%
Tax rate
15.00%
After-tax yield
1.61%
Real yield (−CPI)
-1.18%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.90%
-0.90%
$190 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.61%
-1.18%
$162 / yr
🇺🇸 US Taxable (20%)
20%
1.52%
-1.28%
$152 / yr
🇬🇧 UK ISA
0%
1.90%
-0.90%
$190 / yr
🇬🇧 UK Taxable
8.75%
1.73%
-1.07%
$173 / yr
🇨🇦 TFSA
0%
1.90%
-0.90%
$190 / yr
🇨🇦 CA Taxable
25%
1.42%
-1.38%
$143 / yr
🇦🇺 Super (pension)
15%
1.61%
-1.18%
$162 / yr
🇦🇺 AU Taxable
30%
1.33%
-1.47%
$133 / yr
🇩🇪 DE Taxable
26.375%
1.40%
-1.40%
$140 / yr
🇫🇷 FR Taxable
30%
1.33%
-1.47%
$133 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 NLSI Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your NLSI investment of $45.61/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$1.7K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-738.49
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in NLSI for:
Shares needed
32,648
Capital required
$1,489,075
Monthly income
$2,000
Based on current dividend of $0.86/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 NLSI Dividend Payment Schedule
NLSI pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.84 / payment
$7.35 / year after tax
100 shares
$18.38 / payment
$73.51 / year after tax
1,000 shares
$183.78 / payment
$735.11 / year after tax
📊 NLSI vs Financial Services Benchmarks
How NLSI compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▼-1.00% vs sectorBelow avg
NLSI
1.90%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
NLSI
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
NLSI
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for NLSI sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ NLSI Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the NLSI dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →