New America High Income Fund Dividend
Dividend criteria checks 3/6
New America High Income Fund is a dividend paying company with a current yield of 6.85% that is well covered by earnings.
Key information
6.8%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.20 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
HYB: Attractive Valuation And Providing Monthly Income
Mar 26HYB: Buy The Wide 14% Discount
Dec 29HYB: Attractively Priced For High-Yield Exposure
Oct 03HYB: An Attractive Discount On This High Yield Fund
Jun 12HYB: Revisiting This High Yield CEF After The Dividend Cut
May 30New America High Income Fund declares $0.05 dividend
Dec 16New America High Income Fund declares $0.05 dividend
Nov 02New America High Income Fund declares $0.05 dividend
Oct 03HYB: Fully Covered 8.53% Distribution Yield
Sep 15New America High Income Fund declares $0.05 dividend
Sep 01New America High Income Fund declares $0.05 dividend
Aug 01HYB: High Yield Panic Mode Is A Buy Signal
Jun 17HYI And HYB: 2 High Yield Bond Funds Worth A Look
Apr 20HYB - Moving From Bearish To Neutral
Dec 22HYB - A Nice Sell Signal
Oct 28HYB: High Yield Fund At An Attractive Discount
Sep 13New America High Income Fund declares $0.05 dividend
May 03New America High Income Fund declares $0.05 monthly and $0.095 special dividend
Dec 18New America High Income Fund declares $0.05 dividend
Dec 01New America High Income Fund declares $0.05 dividend
Nov 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HYB's dividend payments have been volatile in the past 10 years.
Growing Dividend: HYB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| New America High Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HYB) | 6.8% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (HYB) | n/a |
Notable Dividend: HYB's dividend (6.85%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: HYB's dividend (6.85%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.6%), HYB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (149.4%), HYB's dividend payments are not well covered by cash flows.