The New America High Income Fund, Inc. Declares Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

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.

10/01/2024 - 05:00 PM

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 $1.6 trillion of assets, including approximately $20 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

When will The New America High Income Fund (HYB) pay its next dividend?

The New America High Income Fund (HYB) will pay its next dividend of $0.04 per share on October 31, 2024.

What is the ex-dividend date for The New America High Income Fund's (HYB) upcoming dividend?

The ex-dividend date for The New America High Income Fund's (HYB) upcoming dividend is October 17, 2024.

How much assets does T. Rowe Price, the investment adviser for HYB, manage?

As of June 30, 2024, T. Rowe Price and its affiliates managed approximately $1.6 trillion of assets, including about $20 billion in "high yield" investments.