New Amer Hi Inc (NYSE:HYB) announced a special dividend on Tuesday, December 19th, Wall Street Journal reports. Investors of record on Friday, December 29th will be given a dividend of 0.047 per share by the investment management company on Tuesday, January 16th. This represents a yield of 6.96%. The ex-dividend date of this dividend is Thursday, December 28th. This is an increase from New Amer Hi’s previous special dividend of $0.008.

New Amer Hi has decreased its dividend payment by an average of 2.6% annually over the last three years.

New Amer Hi (NYSE:HYB) traded up $0.03 on Wednesday, reaching $9.48. 78,300 shares of the company were exchanged, compared to its average volume of 55,366. New Amer Hi has a 1-year low of $9.03 and a 1-year high of $10.20.

WARNING: “New Amer Hi Inc (HYB) Declares Special Dividend of $0.05” was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.watchlistnews.com/new-amer-hi-inc-hyb-declares-special-dividend-of-0-05/1774838.html.

New Amer Hi Company Profile

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.

Dividend History for New Amer Hi (NYSE:HYB)

Receive News & Ratings for New Amer Hi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Amer Hi and related companies with MarketBeat.com's FREE daily email newsletter.