Voya Infrastructure, Industrials and Materials Fund (IDE) to Issue Monthly Dividend of $0.10 on January 15th

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) declared a monthly dividend on Monday, December 15th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.10 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date is Tuesday, December 30th.

Voya Infrastructure, Industrials and Materials Fund Price Performance

IDE opened at $12.33 on Friday. Voya Infrastructure, Industrials and Materials Fund has a 12 month low of $8.75 and a 12 month high of $12.54. The business has a 50 day simple moving average of $11.97 and a 200-day simple moving average of $11.98.

Institutional Investors Weigh In On Voya Infrastructure, Industrials and Materials Fund

Institutional investors have recently made changes to their positions in the stock. Invesco Ltd. grew its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 0.7% during the 2nd quarter. Invesco Ltd. now owns 314,139 shares of the company’s stock worth $3,672,000 after purchasing an additional 2,141 shares during the period. Raymond James Financial Inc. increased its holdings in Voya Infrastructure, Industrials and Materials Fund by 4.3% in the second quarter. Raymond James Financial Inc. now owns 277,986 shares of the company’s stock valued at $3,250,000 after buying an additional 11,501 shares in the last quarter. Guggenheim Capital LLC lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 17.6% during the 2nd quarter. Guggenheim Capital LLC now owns 270,017 shares of the company’s stock valued at $3,156,000 after acquiring an additional 40,389 shares during the period. Royal Bank of Canada lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 64.1% during the 1st quarter. Royal Bank of Canada now owns 171,610 shares of the company’s stock valued at $1,816,000 after acquiring an additional 67,052 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 20.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 83,724 shares of the company’s stock worth $1,016,000 after acquiring an additional 14,315 shares in the last quarter.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.