The New America High Income Fund, Inc. Declares Dividend

Rhea-AI Summary

The New America High Income Fund (NYSE: HYB) announced a dividend of $0.05 per share, payable on August 31, 2020, to shareholders on record by August 17, 2020. The ex-dividend date is set for August 14, 2020. The Fund is managed by T. Rowe Price Associates, which oversees around $1.2 trillion in assets, including $20 billion in high-yield investments. More details, including updated portfolio data, are available on the Fund's website.

Positive

• The dividend payment of $0.05 per share provides income to shareholders.
• Management by T. Rowe Price is a sign of confidence and expertise in high-yield investments.

Negative

• None.

BOSTON, Aug. 03, 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 August 31, 2020 to common shareholders of record as of the close of business on August 17, 2020. The ex-dividend date will be August 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 June 30, 2020, T. Rowe Price and its affiliates managed approximately $1.2 trillion of assets, including approximately $20 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 August 31, 2020.

What is the ex-dividend date for HYB?

The ex-dividend date is August 14, 2020.

What are the record date details for HYB's dividend?

The record date is August 17, 2020.

Who manages the New America High Income Fund?

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