The New America High Income Fund, Inc. Declares Dividends

Rhea-AI Summary

The New America High Income Fund, Inc. (NYSE: HYB) has announced dividend payments for its common stock. A special dividend of $.0925 per share will be paid on January 29, 2021, while a regular monthly dividend of $.0500 per share is scheduled for February 26, 2021. The ex-dividend dates are December 30, 2020 for the special dividend and February 11, 2021 for the regular dividend. T. Rowe Price Associates, Inc. serves as the Fund's investment adviser, managing approximately $1.3 trillion in assets, including $21 billion in high-yield investments.

Positive

• Special dividend of $.0925 per share enhances shareholder income.
• Regular monthly dividend of $.0500 per share provides ongoing returns.

Negative

• None.

BOSTON, Dec. 18, 2020 (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 Per Share	Ex-Dividend Date	Record Date	Payment Date
Special	$.0925	12/30/20	12/31/20	1/29/21
Regular	$.0500	2/11/21	2/12/21	2/26/21

Shareholders will be paid a special dividend of $.0925 per share on January 31, 2021. The Fund will pay a regular monthly dividend of $.050 per share on February 28, 2021.

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 Fund has announced a special dividend of $.0925 per share and a regular dividend of $.0500 per share.

What are the ex-dividend dates for HYB dividends?

The ex-dividend date for the special dividend is December 30, 2020, and for the regular dividend, it's February 11, 2021.

When will the dividends be paid for HYB?

The special dividend will be paid on January 29, 2021, and the regular dividend on February 26, 2021.

Who manages the New America High Income Fund (HYB)?

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

How much does T. Rowe Price manage in high yield investments?

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