Notable News Spotlight: The New America High Income Fund, Inc (NYSE: HYB)

The New America High Income Fund, Inc (NYSE: HYB) changed 0.23% to recent value of $8.78. The stock transacted 122825 shares during most recent day however it has an average volume of 56K shares. It spotted trading -2.01% off 52-week high price. On the other end, the stock has been noted 23.48% away from the low price over the last 52-weeks.

The New America High Income Fund, Inc (NYSE: HYB) revealed that it will pay a dividend of $.055 per share on the company’s common stock on July 31, 2019 to common shareholders of record as of the close of business on July 17, 2019. The ex-dividend date will be July 16th.

The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure. The Fund’s investment adviser is T. Rowe Price Associates, Inc. (“T. Rowe Price”). As of March 31, 2019, T. Rowe Price and its affiliates managed approximately $1.1 trillion of assets, including approximately $17.6 billion of “high yield” investments.  T. Rowe Price has provided investment advisory services to investment companies since 1937.

The company has 23.37M of outstanding shares . The price moved ahead of 0.88% from the mean of 20 days, 1.08% from mean of 50 days SMA and performed 5.44% from mean of 200 days price. Company’s performance for the week was 0.80%, 2.45% for month and YTD performance remained 16.14%.

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