The New America High Income Fund Inc. (NYSE:HYB – Get Free Report) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Thursday, November 16th will be paid a dividend of 0.04 per share by the investment management company on Thursday, November 30th. This represents a $0.48 annualized dividend and a yield of 7.29%. The ex-dividend date of this dividend is Wednesday, November 15th.
The New America High Income Fund has decreased its dividend by an average of 3.1% annually over the last three years.
The New America High Income Fund Stock Up 1.1 %
Shares of NYSE HYB opened at $6.58 on Monday. The New America High Income Fund has a 1-year low of $6.23 and a 1-year high of $7.27. The business’s fifty day moving average price is $6.53 and its two-hundred day moving average price is $6.61.
Institutional Inflows and Outflows
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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