The New America High Income Fund, Inc. Declares Dividend
Rhea-AI Summary
The New America High Income Fund, Inc. (NYSE: HYB) announced a dividend of $0.05 per share, with a payment date set for June 30, 2020. Shareholders of record as of June 16, 2020 will qualify for this dividend, while the ex-dividend date is June 15, 2020. The Fund, managed by T. Rowe Price Associates, Inc., focuses on high-yield investments and has a diversified, leveraged capital structure. As of March 31, 2020, T. Rowe Price managed approximately $1 trillion in assets, including $17 billion in high-yield investments.
Positive
- Dividend of $0.05 per share announced, benefiting shareholders.
- Managed by T. Rowe Price, a reputable firm with $1 trillion in assets.
Negative
- None.
News Market Reaction – HYB
On the day this news was published, HYB gained 1.50%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
BOSTON, June 01, 2020 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.05 per share on the company’s common stock on June 30, 2020 to common shareholders of record as of the close of business on June 16, 2020. The ex-dividend date will be June 15th.
The Fund has released updated portfolio data which can be found on the Fund’s website at www.newamerica-hyb.com.
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, 2020, T. Rowe Price and its affiliates managed approximately
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com
FAQ
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