The New America High Income Fund Inc. (NYSE:HYB – Get Free Report) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 17th will be paid 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 5.76%. The ex-dividend date is Tuesday, December 17th.
The New America High Income Fund has decreased its dividend by an average of 7.7% per year over the last three years.
The New America High Income Fund Stock Performance
Shares of NYSE HYB traded up $0.04 during midday trading on Tuesday, hitting $8.34. The company’s stock had a trading volume of 19,410 shares, compared to its average volume of 61,952. The stock has a fifty day moving average price of $8.24 and a 200 day moving average price of $7.85. The New America High Income Fund has a one year low of $6.64 and a one year high of $8.41.
About The New America High Income Fund
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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