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

by · The Markets Daily

The New America High Income Fund Inc. (NYSE:HYB – Get Free Report) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors 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 yield of 5.76%. The ex-dividend date of this dividend 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 Price Performance

HYB traded up $0.04 during trading on Tuesday, reaching $8.34. 19,410 shares of the company’s stock were exchanged, compared to its average volume of 61,952. The New America High Income Fund has a fifty-two week low of $6.64 and a fifty-two week high of $8.41. The company’s fifty day moving average price is $8.24 and its 200-day moving average price is $7.85.

About The New America High Income Fund

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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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