The New America High Income Fund Inc. (NYSE:HYB) Plans Monthly Dividend of $0.04

The New America High Income Fund Inc. (NYSE:HYB) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, January 17th will be given a dividend of 0.04 per share by the investment management company on Friday, January 31st. This represents a $0.48 annualized dividend and a yield of 5.84%. The ex-dividend date of this dividend is Friday, January 17th.

The New America High Income Fund has decreased its dividend payment by an average of 7.7% per year over the last three years.

The New America High Income Fund Price Performance

Shares of HYB traded down $0.01 during mid-day trading on Friday, hitting $8.22. The company had a trading volume of 41,659 shares, compared to its average volume of 34,979. The New America High Income Fund has a 1-year low of $6.64 and a 1-year high of $8.41. The business’s 50-day simple moving average is $8.22 and its 200-day simple moving average is $8.00.

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.