New America Highome Fund (New America Highome Fund) Dividend Payout Ratio

: 0.28 (As of Dec. 2023)

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New America Highome Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.28.

The historical rank and industry rank for New America Highome Fund's Dividend Payout Ratio or its related term are showing as below:

HYB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.65 Max: 1.33
Current: 0.36

During the past 7 years, the highest Dividend Payout Ratio of New America Highome Fund was 1.33. The lowest was 0.34. And the median was 0.65.

HYB's Dividend Payout Ratio is ranked better than
80.17% of 938 companies
in the Asset Management industry
Industry Median: 0.83 vs HYB: 0.36

As of today (2024-04-23), the Dividend Yield % of New America Highome Fund is 6.78%.

During the past 7 years, the highest Trailing Annual Dividend Yield of New America Highome Fund was 10.02%. The lowest was 4.79%. And the median was 7.19%.

New America Highome Fund's Dividends per Share for the 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.

New America Highome Fund Dividend Payout Ratio Historical Data

The historical data trend for New America Highome Fund's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

New America Highome Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

1.33

0.82

0.36

New America Highome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								1.27	-	0.81	0.50	0.28

Competitive Comparison

For the Asset Management subindustry, New America Highome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where New America Highome Fund's Dividend Payout Ratio falls into.

New America Highome Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

New America Highome Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.44	/	1.21
	=	0.36

New America Highome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.2	/	0.728
	=	0.27

New America Highome Fund (NYSE:HYB) Dividend Payout Ratio Explanation

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.

New America Highome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of New America Highome Fund's Dividend Payout Ratio 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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » New America High Income Fund Inc (NYSE:HYB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Broad Street, Boston, MA, USA, 02109

Website

http://www.newamerica-hyb.com

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