NEW AMER HI INC (HYB) Announces Monthly Dividend of $0.06
NEW AMER HI INC (NYSE:HYB) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, October 17th will be given a dividend of 0.06 per share by the investment management company on Tuesday, October 31st. This represents a $0.72 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Monday, October 16th.
NEW AMER HI INC has decreased its dividend payment by an average of 2.6% per year over the last three years.
Shares of NEW AMER HI INC (NYSE HYB) traded down 0.2002% during trading on Wednesday, reaching $9.8702. The company had a trading volume of 36,310 shares. NEW AMER HI INC has a 12-month low of $8.33 and a 12-month high of $9.98. The firm has a 50-day moving average of $9.71 and a 200-day moving average of $9.58.
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About NEW AMER HI INC
The New America High Income Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide high current income while seeking to preserve stockholders’ capital through investment in a professionally managed, diversified portfolio of high yield fixed-income securities.
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