New Amer Hi Inc (HYB) to Issue Monthly Dividend of $0.06
New Amer Hi Inc (NYSE:HYB) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Thursday, November 16th will be given a dividend of 0.06 per share by the investment management company on Thursday, November 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend is Wednesday, November 15th.
New Amer Hi has decreased its dividend by an average of 2.6% annually over the last three years.
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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.
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