The New America High Income Fund, Inc. Declares Dividend
The New America High Income Fund, Inc. (NYSE: HYB) announced a dividend of $0.05 per share for common stockholders, payable on October 30, 2020.
Rhea-AI Summary
The New America High Income Fund, Inc. (NYSE: HYB) announced a dividend of $0.05 per share for common stockholders, payable on October 30, 2020. Shareholders must be on record by the close of business on October 16, 2020, with the ex-dividend date set for October 15, 2020. The Fund, managed by T. Rowe Price Associates, Inc., focuses on high yield investments and has reported that T. Rowe Price manages around $1.2 trillion in assets, including about $20 billion in high yield.
Positive
- Dividend of $0.05 per share announced for shareholders.
- Managed by T. Rowe Price, which oversees $1.2 trillion in assets.
Negative
- None.
Details
News Market Reaction – HYB
The recorded move for HYB in the trading session of this news was -0.24%.
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BOSTON, Oct. 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 October 30, 2020 to common shareholders of record as of the close of business on October 16, 2020. The ex-dividend date will be October 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 June 30, 2020, T. Rowe Price and its affiliates managed approximately
Contact:
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com
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