Neuberger Berman Next Generation Connectivity Fund Inc.'s Dividend Analysis

KB Securities projects Samsung Electronics (005930.KS) will pay 70 trillion won ($50 billion) in cash dividends in H2 2024, driven by improved memory chip earnings. The brokerage expects Q3 and Q4 dividends of 30 trillion and 40 trillion won, respectively, with ample funds remaining for share buybacks. Samsung's operating profit is forecasted to average over 100 trillion won in H2, with annual profits reaching 368 trillion won in 2024 and 555 trillion won in 2025.

Skyworks Solutions (SWKS) extended its exchange offers for Qorvo's senior notes due 2029 and 2031, with new expiration and withdrawal deadlines set for October 5, 2026. The offers aim to exchange up to $850M of 2029 notes and $700M of 2031 notes. As of September 30, 91.68% of 2029 notes and 93.33% of 2031 notes have been tendered. The offers are contingent on the closing of Skyworks' merger with Qorvo, expected around October 5, 2026.

OpenText (OTEX) announced the pricing and results of its cash tender offer to purchase up to $300M of its 3.875% Senior Notes due 2028. The offer, which expired on September 30, 2026, will pay a fixed spread over the yield of reference U.S. Treasury Securities. The company plans to use proceeds from a concurrent senior secured notes offering, expected to close on October 1, 2026, to fund the redemption of its 6.900% Senior Secured Notes due 2027 and the tender offer.

KBR (NYSE: KBR) filed a Form 10 registration statement with the SEC for the planned spin-off of its Mission Technology Solutions (MTS) business, to be named Trinzic and traded as TZIC. The spin-off, expected in January 2027, will position Trinzic as a global provider of mission-critical solutions. KBR and Trinzic will host Investor Days in November 2026. The transaction is intended to be tax-free for shareholders, subject to customary conditions and approvals.

NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), priced $950M of 8.750% senior notes due 2031, upsized from $750M. Proceeds will redeem 2028 notes, repay borrowings, and cover related costs. The offering is expected to close October 15, 2026.

Synopsys (SNPS) announced plans to repurchase $1B in shares and target 50% free cash flow returns to shareholders. The company projects $1B in AOIP revenue by 2030, driven by multiyear agreements like a $1B deal with Amazon. Synopsys also outlined AI strategies, including a partnership with OpenAI, and expects $400M in annualized revenue synergies from Ansys by 2029.