The New America High Income Fund Inc. (NYSE:HYB – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.04 per share by the investment management company on Friday, November 29th. This represents a $0.48 annualized dividend and a yield of 5.89%. The ex-dividend date of this dividend is Friday, November 15th.
The New America High Income Fund has decreased its dividend by an average of 7.7% annually over the last three years.
The New America High Income Fund Stock Performance
HYB traded up $0.02 during trading on Wednesday, reaching $8.15. 5,448 shares of the stock traded hands, compared to its average volume of 62,848. The stock’s 50-day moving average is $8.25 and its 200 day moving average is $7.74. The New America High Income Fund has a 12 month low of $6.64 and a 12 month high of $8.41.
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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