The New America High Income Fund Inc. Plans Dividend of $0.05 (NYSE:HYB)

The New America High Income Fund Inc. (NYSE:HYB) declared a dividend on Wednesday, September 15th, investing.com reports. Shareholders of record on Thursday, September 16th will be given a dividend of 0.05 per share by the investment management company on Thursday, September 30th. This represents a yield of 6.19%. The ex-dividend date of this dividend is Wednesday, September 15th.

HYB stock opened at $9.64 on Wednesday. The New America High Income Fund has a one year low of $8.10 and a one year high of $9.73. The firm has a 50 day simple moving average of $9.37 and a two-hundred day simple moving average of $9.23.

An institutional investor recently raised its position in The New America High Income Fund stock. Morgan Stanley increased its holdings in The New America High Income Fund Inc. (NYSE:HYB) by 6.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 66,131 shares of the investment management company’s stock after purchasing an additional 4,086 shares during the period. Morgan Stanley owned approximately 0.28% of The New America High Income Fund worth $599,000 as of its most recent SEC filing. Institutional investors and hedge funds own 25.69% of the company’s stock.

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.

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Dividend History for The New America High Income Fund (NYSE:HYB)

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