The New America High Income Fund, Inc. Declares Dividends
Rhea-AI Summary
The New America High Income Fund (NYSE:HYB) announced dividends for shareholders, including a special dividend of $.1275 per share payable on January 31, 2022, and a regular monthly dividend of $.0500 per share to be paid on February 28, 2022. As of September 30, 2021, the fund's investment adviser, T. Rowe Price, managed approximately $1.6 trillion in assets, including $23 billion in high yield investments. The fund focuses on providing high-income through its leveraged capital structure.
Positive
- Special dividend of $.1275 per share increases income for shareholders.
- Regular monthly dividend of $.0500 per share provides consistent income.
Negative
- None.
News Market Reaction – HYB
In the trading session that priced this news, HYB gained 0.55%, 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, Dec. 20, 2021 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE:HYB) announced today the following dividends to be paid on the Fund’s common stock:
| Type | Dividend | Ex-Dividend | Record | Payment | |||||
| Per Share | Date | Date | Date | ||||||
| Special | $.1275 | 12/30/21 | 12/31/21 | 1/31/22 | |||||
| Regular | $.0500 | 2/11/22 | 2/14/22 | 2/28/22 |
Shareholders will be paid a special dividend of $.1275 per share on January 31, 2022. The Fund will pay a regular monthly dividend of $.050 per share on February 28, 2022.
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, 2021, T. Rowe Price and its affiliates managed approximately
Contact:
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com
