Voya Infrastructure, Industrials and Materials Fund Plans Monthly Dividend of $0.10 (NYSE:IDE)

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) declared a monthly dividend on Thursday, January 16th,Wall Street Journal reports. Shareholders of record on Monday, February 3rd will be given a dividend of 0.10 per share on Tuesday, February 18th. This represents a $1.20 dividend on an annualized basis and a yield of 11.53%. The ex-dividend date is Monday, February 3rd.

Voya Infrastructure, Industrials and Materials Fund has increased its dividend payment by an average of 7.2% per year over the last three years.

Voya Infrastructure, Industrials and Materials Fund Stock Up 1.5 %

Shares of IDE stock traded up $0.15 on Thursday, reaching $10.41. 129,053 shares of the company were exchanged, compared to its average volume of 88,425. Voya Infrastructure, Industrials and Materials Fund has a 1 year low of $9.73 and a 1 year high of $11.77. The business has a 50-day moving average price of $10.70 and a 200 day moving average price of $10.77.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors.