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New America Highome Fund (New America Highome Fund) Forward Dividend Yield % : 6.72% (As of May. 14, 2024)


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What is New America Highome Fund Forward Dividend Yield %?

As of today (2024-05-14), the Forward Annual Dividend Yield of New America Highome Fund is 6.72%.

As of today (2024-05-14), the Trailing Annual Dividend Yield of New America Highome Fund is 6.72%.

HYB's Forward Dividend Yield % is ranked better than
56.86% of 1210 companies
in the Asset Management industry
Industry Median: 5.745 vs HYB: 6.72

New America Highome Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.20.

During the past 12 months, New America Highome Fund's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of New America Highome Fund was 7.70% per year. The lowest was -7.70% per year. And the median was -4.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of New America Highome Fund's Forward Dividend Yield %

For the Asset Management subindustry, New America Highome Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New America Highome Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, New America Highome Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where New America Highome Fund's Forward Dividend Yield % falls into.



New America Highome Fund Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

New America Highome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0400002024-04-152024-04-162024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-11-152023-11-162023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-10-162023-10-172023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-08-162023-08-172023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-07-142023-07-172023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-05-162023-05-172023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

New America Highome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/7.165
=6.70 %

Current Share Price is $7.165.
New America Highome Fund's Dividends per Share for the forward twelve months is calculated as $0.04 * 12 = $0.48.

New America Highome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.44/7.165
=6.14 %

Current Share Price is $7.165.
New America Highome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.44.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


New America Highome Fund  (NYSE:HYB) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


New America Highome Fund Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of New America Highome Fund's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


New America Highome Fund (New America Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
33 Broad Street, Boston, MA, USA, 02109
New America High Income Fund Inc is a diversified, closed?end management investment company. Its investment objective is to provide high current income while seeking to preserve stockholder capital by investing in a diversified portfolio of high-yield fixed-income securities. The fund invests primarily in fixed-maturity corporate debt securities that are rated less than the investment grade. Its portfolio of investment consists of investments in different sectors such as energy, financial, cable operators, healthcare, and others.
Executives
Luis M Viceira director THE NEW AMERICA HIGH INCOME FUND, INC., 33 BROAD STREET, BOSTON MA 02109
Marguerite A Piret director C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109
Joseph I Bower director 32 WIGGINS AVENUE, BEDFORD MA 01730
Bernard J Korman director OMEGA HEALTHCARE INVESTORS INC, ANN ARBOR MI 48108
Ellen E Terry officer: Vice President and Treasurer 33 BTROAD STREET, BOSTON MA 02109
Oleg M Pohotsky director C/O HAMBRECHT & QUIST CAPITAL MANAGEMENT, 2 LIBERTY SQUARE, 9TH FLOOR, BOSTON MA 02109
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc. 10 percent owner 4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Robert F Birch director, officer: President C/O HYPERION BROOKFIELD ASSET MANAGEMENT, THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 10TH FLOOR NY 10281-1010
Ernest E Monrad director
Richard E Floor director, officer: Secretary C/O GOODWIN PROCTER LLP EXCHANGE PLACE, 26TH FLOOR, BOSTON MA 02109

New America Highome Fund (New America Highome Fund) Headlines

From GuruFocus

CORRECTION -- The New America High Income Fund, Inc.

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CORRECTION -- The New America High Income Fund, Inc.

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CORRECTION -- The New America High Income Fund, Inc.

By GlobeNewswire GlobeNewswire 07-02-2022

The New America High Income Fund, Inc. Declares Dividend

By sperokesalga sperokesalga 06-01-2023

The New America High Income Fund, Inc. Declares Dividend

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