The New America High Income Fund, Inc. Declares Dividend
Rhea-AI Summary
New America High Income Fund (NYSE: HYB) announces a dividend of $0.05 per share, payable on November 30, 2020, to shareholders of record as of November 16, 2020. The ex-dividend date is November 13, 2020. The Fund’s updated portfolio data is available on its website. Managed by T. Rowe Price Associates, the Fund specializes in high-yield investments, part of T. Rowe Price's $1.3 trillion asset management portfolio, which includes approximately $21 billion in high yield assets.
Positive
- Dividend of $0.05 per share enhances shareholder income.
- Managed by a reputable adviser, T. Rowe Price, with a substantial asset management background.
Negative
- None.
News Market Reaction – HYB
In the trading session that priced this news, HYB gained 0.61%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOSTON, Nov. 02, 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 November 30, 2020 to common shareholders of record as of the close of business on November 16, 2020. The ex-dividend date will be November 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 September 30, 2020, T. Rowe Price and its affiliates managed approximately
Contact:
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com