The New America High Income Fund, Inc. Declares Dividend
The New America High Income Fund (NYSE: HYB) announced a dividend of $0.04 per share, payable on June 28, 2024, to shareholders of record as of June 14, 2024. The ex-dividend date is also June 14, 2024. The Fund, a diversified closed-end management investment company, is advised by T. Rowe Price Associates, which manages approximately $1.5 trillion in assets, including $20 billion in high-yield investments. Updated portfolio data is available on the Fund's website.
- Declared dividend of $0.04 per share payable on June 28, 2024.
- Dividend supports shareholder returns.
- Managed by T. Rowe Price Associates, a reputable adviser with $1.5 trillion in assets under management.
- Portfolio updates available for transparency.
- Dividend is relatively low, which may not attract high-yield investors.
- No new significant business developments or financial performance details disclosed.
- Leverage in capital structure can pose risks during market downturns.
BOSTON, June 03, 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 June 28, 2024 to common shareholders of record as of the close of business on June 14, 2024. The ex-dividend date will be June 14th.
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 March 31, 2024, T. Rowe Price and its affiliates managed approximately
Contact:
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com
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