The New America High Income Fund, Inc. Declares Dividend
The New America High Income Fund, Inc. (NYSE: HYB) has announced a dividend of $0.04 per share on its common stock, payable on October 31, 2024.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The New America High Income Fund, Inc. (NYSE: HYB) has announced a dividend of $0.04 per share on its common stock, payable on October 31, 2024. Shareholders of record as of the close of business on October 17, 2024 will be eligible, with the ex-dividend date set for the same day. The Fund, a diversified, closed-end management investment company with a leveraged capital structure, is advised by T. Rowe Price Associates, Inc.
T. Rowe Price, which has provided investment advisory services since 1937, managed approximately $1.6 trillion in assets as of June 30, 2024, including about $20 billion in "high yield" investments. Updated portfolio data is available on the Fund's website at www.newamerica-hyb.com.
Positive
- Dividend payment of $0.04 per share announced
- T. Rowe Price manages a substantial $1.6 trillion in assets
- $20 billion in "high yield" investments under management
Negative
- None.
Details
News Market Reaction – HYB
The recorded move for HYB in the trading session of this news was -0.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOSTON, Oct. 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 October 31, 2024 to common shareholders of record as of the close of business on October 17, 2024. The ex-dividend date will be October 17th.
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
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.