The New America High Income Fund, Inc. Declares Dividend

The New America High Income Fund (NYSE: HYB) has announced a dividend of $0.04 per share on its common stock, payable on August 30, 2024.

Rhea-AI Summary

The New America High Income Fund (NYSE: HYB) has announced a dividend of $0.04 per share on its common stock, payable on August 30, 2024. Shareholders of record as of the close of business on August 16, 2024 will be eligible, with the ex-dividend date also set for August 16th. The Fund, a diversified, closed-end management investment company with a leveraged capital structure, is advised by T. Rowe Price Associates. As of June 30, 2024, T. Rowe Price and its affiliates managed approximately $1.6 trillion in assets, including about $20 billion in "high yield" investments. Updated portfolio data is available on the Fund's website.

Positive

• Dividend payment of $0.04 per share announced
• T. Rowe Price manages $1.6 trillion in assets, indicating strong financial backing
• $20 billion managed in "high yield" investments, suggesting expertise in the Fund's focus area

Negative

• None.

Argus Session date unavailable

-0.53% session move Open Argus

Details

News Market Reaction – HYB

The recorded move for HYB in the trading session of this news was -0.53%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

BOSTON, Aug. 01, 2024 (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 August 30, 2024 to common shareholders of record as of the close of business on August 16, 2024. The ex-dividend date will be August 16th.

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 June 30, 2024, T. Rowe Price and its affiliates managed approximately $1.6 trillion of assets, including approximately $20 billion of “high yield” investments. T. Rowe Price has provided investment advisory services to investment companies since 1937.

Contact:
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by The New America High Income Fund (HYB)?

The New America High Income Fund (HYB) has declared a dividend of $0.04 per share on its common stock.

When is the payment date for HYB's recently announced dividend?

The dividend payment date is August 30, 2024.

What is the record date for HYB's August 2024 dividend?

The record date for the dividend is the close of business on August 16, 2024.

Who is the investment adviser for The New America High Income Fund (HYB)?

The investment adviser for The New America High Income Fund (HYB) is T. Rowe Price Associates, Inc.

How much in assets does T. Rowe Price manage as of June 30, 2024?

As of June 30, 2024, T. Rowe Price and its affiliates managed approximately $1.6 trillion in assets.