New Amer Hi Inc (HYB) to Issue $0.06 Monthly Dividend
New Amer Hi Inc (NYSE:HYB) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.06 per share by the investment management company on Friday, December 29th. This represents a $0.72 annualized dividend and a dividend yield of 7.43%. The ex-dividend date is Thursday, December 14th.
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 down $0.09 during midday trading on Monday, hitting $9.69. The stock had a trading volume of 39,504 shares, compared to its average volume of 53,141. New Amer Hi has a fifty-two week low of $9.02 and a fifty-two week high of $10.20.
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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