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

The New America High Income Fund Inc. (NYSE:HYB) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders 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 is Friday, November 15th.

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

The New America High Income Fund Trading Up 0.2 %

HYB traded up $0.02 during trading on Wednesday, hitting $8.15. The company’s stock had a trading volume of 18,341 shares, compared to its average volume of 62,907. The New America High Income Fund has a 12 month low of $6.64 and a 12 month high of $8.41. The firm’s 50 day moving average price is $8.25 and its two-hundred day moving average price is $7.74.

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.