The New America High Income Fund, Inc. Declares Special Dividend
Rhea-AI Summary
The New America High Income Fund (NYSE: HYB) has announced a special dividend of $0.06 per share on its common stock. The dividend will be paid on March 27, 2025, with a record date of March 14, 2025, and an ex-dividend date of March 24, 2025.
The Fund operates as a diversified, closed-end management investment company with a leveraged capital structure. Its investment adviser, T. Rowe Price Associates, managed approximately $1.63 trillion in assets as of February 28, 2025, and has been providing investment advisory services since 1937.
Positive
- Special dividend of $0.06 per share provides additional return to shareholders
- Fund benefits from experienced investment adviser managing $1.63 trillion in assets
Negative
- Leveraged capital structure increases investment risk
BOSTON, March 21, 2025 (GLOBE NEWSWIRE) -- The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a special dividend of $.06 per share on the company’s common stock on March 27, 2025 to common shareholders of record as of the close of business on March 14, 2025. The ex-dividend date will be March 24th.
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 February 28, 2025, T. Rowe Price and its affiliates managed approximately
Contact:
Ellen E. Terry, President
Telephone: 617-263-6400
www.newamerica-hyb.com
FAQ
What is the amount of HYB's special dividend announced in March 2025?
When is the payment date for HYB's special dividend?
What is the ex-dividend date for HYB's March 2025 special dividend?
How much assets does HYB's investment adviser T. Rowe Price manage?
