New City High Yield Fund Limited announced a second interim dividend of 0.96 pence per share payable on February 27, 2015 to shareholders on the register on January 30, 2015, having an ex-dividend date of January 29, 2015. The payment of 0.96 pence per share represents a 2.1% increase on the 0.94 pence per share first interim dividend paid in November 2014.