The New America High Income Fund, Inc. Declares Dividend

Rhea-AI Summary

New America High Income Fund (NYSE: HYB) announces a dividend of $0.05 per share, payable on November 30, 2020, to shareholders of record as of November 16, 2020. The ex-dividend date is November 13, 2020. The Fund’s updated portfolio data is available on its website. Managed by T. Rowe Price Associates, the Fund specializes in high-yield investments, part of T. Rowe Price's $1.3 trillion asset management portfolio, which includes approximately $21 billion in high yield assets.

Positive

• Dividend of $0.05 per share enhances shareholder income.
• Managed by a reputable adviser, T. Rowe Price, with a substantial asset management background.

Negative

• None.

BOSTON, Nov. 02, 2020 (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 November 30, 2020 to common shareholders of record as of the close of business on November 16, 2020. The ex-dividend date will be November 13th.

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 September 30, 2020, T. Rowe Price and its affiliates managed approximately $1.3 trillion of assets, including approximately $21 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 $0.05 per share.

When will the dividend be paid for HYB?

The dividend will be paid on November 30, 2020.

What is the ex-dividend date for HYB's upcoming dividend?

The ex-dividend date is November 13, 2020.

Who manages the New America High Income Fund?

The Fund is managed by T. Rowe Price Associates, Inc.

What are the high yield assets managed by T. Rowe Price?

T. Rowe Price manages approximately $21 billion in high yield investments.