New Amer Hi Inc (NYSE:HYB) declared a special dividend on Tuesday, December 19th, Wall Street Journal reports. Stockholders of record on Wednesday, January 17th will be paid a dividend of 0.008 per share by the investment management company on Wednesday, January 31st. This represents a dividend yield of 6.96%. The ex-dividend date is Tuesday, January 16th.

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

Shares of New Amer Hi (NYSE:HYB) traded up $0.03 during mid-day trading on Tuesday, hitting $9.48. 78,337 shares of the stock traded hands, compared to its average volume of 55,366. New Amer Hi has a one year low of $9.03 and a one year high of $10.20.

ILLEGAL ACTIVITY WARNING: This story was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of United States and international copyright and trademark legislation. The legal version of this story can be accessed at https://www.watchlistnews.com/new-amer-hi-inc-hyb-plans-0-01-special-dividend/1773526.html.

About New Amer Hi

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.