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

The New America High Income Fund Inc. (NYSE:HYB) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.04 per share by the investment management company on Friday, November 29th. This represents a $0.48 dividend on an annualized basis and a dividend 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% per year over the last three years.

The New America High Income Fund Stock Performance

NYSE:HYB traded up $0.02 during trading hours on Wednesday, hitting $8.15. The company had a trading volume of 5,448 shares, compared to its average volume of 62,848. The New America High Income Fund has a 52 week low of $6.64 and a 52 week high of $8.41. The stock has a 50-day moving average price of $8.25 and a 200 day moving average price of $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.