The New America High Income Fund, Inc. Declares Dividend

Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) has declared a $0.04 per share dividend, scheduled for payment on March 31, 2023. Shareholders must be on record by March 17, 2023, with the ex-dividend date set for March 16, 2023. The Fund, managed by T. Rowe Price, operates as a diversified, closed-end investment company with a leveraged capital structure. As of December 31, 2022, T. Rowe Price managed about $1.3 trillion in assets, including roughly $18 billion in high-yield investments. More details on portfolio data are available on the Fund's website.

Positive

• Dividend of $0.04 per share announced for March 31, 2023.
• Strong management with T. Rowe Price overseeing approximately $1.3 trillion in assets.

Negative

• None.

BOSTON, March 01, 2023 (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 March 31, 2023 to common shareholders of record as of the close of business on March 17, 2023. The ex-dividend date will be March 16th.

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 December 31, 2022, T. Rowe Price and its affiliates managed approximately $1.3 trillion of assets, including approximately $18 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

What is the dividend amount for New America High Income Fund (HYB)?

The dividend amount is $0.04 per share.

When is the ex-dividend date for New America High Income Fund (HYB)?

The ex-dividend date is March 16, 2023.

When will the dividend be paid for New America High Income Fund (HYB)?

The dividend will be paid on March 31, 2023.

What is the record date for the New America High Income Fund (HYB) dividend?

The record date is March 17, 2023.

What is the investment strategy of New America High Income Fund (HYB)?

The fund focuses on high-yield investments and operates with a leveraged capital structure.