The New America High Income Fund, Inc. Declares Dividend

The New America High Income Fund, Inc. (NYSE: HYB) announced a dividend of $.05 per share, set for October 29, 2021.

Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) announced a dividend of $.05 per share, set for October 29, 2021. Shareholders of record will be those holding shares by October 15, 2021, with an ex-dividend date on October 14, 2021.

The Fund offers updated portfolio data on its website. Managed by T. Rowe Price Associates, Inc., the Fund is a diversified, closed-end management investment company with a leveraged capital structure.

Positive

• Dividend of $.05 per share reflects income for shareholders.
• T. Rowe Price manages approximately $1.6 trillion of assets, indicating strong management.

Negative

• The Fund operates with a leveraged capital structure, which could raise financial risk.

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-0.31% session move Open Argus

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News Market Reaction – HYB

The recorded move for HYB in the trading session of this news was -0.31%.

Data tracked by StockTitan Argus. Session date unavailable.

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BOSTON, Oct. 01, 2021 (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 29, 2021 to common shareholders of record as of the close of business on October 15, 2021. The ex-dividend date will be October 14th.

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, 2021, T. Rowe Price and its affiliates managed approximately $1.6 trillion of assets, including approximately $23 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 for HYB?

The dividend announced for HYB is $.05 per share.

When will the dividend be paid for HYB?

The dividend will be paid on October 29, 2021.

What is the record date for the HYB dividend?

The record date for the HYB dividend is October 15, 2021.

What is the ex-dividend date for HYB?

The ex-dividend date for HYB is October 14, 2021.

How does T. Rowe Price influence HYB?

T. Rowe Price manages the Fund's investments, contributing to its $1.6 trillion asset base.