The New America High Income Fund Inc. (NYSE:HYB – Get Free Report) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 17th will be given a dividend of 0.04 per share by the investment management company on Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date of this dividend is Tuesday, December 17th.
The New America High Income Fund has decreased its dividend payment by an average of 7.7% annually over the last three years.
The New America High Income Fund Price Performance
NYSE:HYB opened at $8.32 on Friday. The New America High Income Fund has a twelve month low of $6.64 and a twelve month high of $8.41. The company’s 50-day moving average price is $8.24 and its 200-day moving average price is $7.91.
The New America High Income Fund Company Profile
The New America High Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e.
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