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

The New America High Income Fund Inc. (NYSE:HYB) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Stockholders of record on Friday, June 14th will be given a dividend of 0.04 per share by the investment management company on Friday, June 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date of this dividend is Friday, June 14th.

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 Price Performance

Shares of HYB stock traded up $0.03 during trading hours on Wednesday, reaching $7.30. The stock had a trading volume of 21,202 shares, compared to its average volume of 47,188. The stock’s fifty day simple moving average is $7.17 and its 200 day simple moving average is $7.14. The New America High Income Fund has a 12 month low of $6.23 and a 12 month high of $7.41.

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.