The New America High Income Fund, Inc. Declares Dividend
Rhea-AI Summary
The New America High Income Fund, Inc. (HYB) has declared a dividend of $0.04 per share, scheduled for payment on April 28, 2023. Shareholders on record as of April 14, 2023 are eligible for this payment, with an ex-dividend date set for April 13, 2023. The Fund has also updated its portfolio data, accessible via its website. Managed by T. Rowe Price, which oversees approximately $1.3 trillion in assets, the Fund focuses on leveraged capital structures in the high-yield investment space.
Positive
- Declared dividend of $0.04 per share.
- Dividend payment date of April 28, 2023.
- Active management by T. Rowe Price, handling $1.3 trillion in assets.
Negative
- None.
News Market Reaction – HYB
In the trading session that priced this news, HYB declined 1.03%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOSTON, April 03, 2023 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a dividend of $.04 per share on the company’s common stock on April 28, 2023 to common shareholders of record as of the close of business on April 14, 2023. The ex-dividend date will be April 13th.
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 December 31, 2022, T. Rowe Price and its affiliates managed approximately
Contact:
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com
