Voya Infrastructure, Industrials and Materials Fund (IDE) To Go Ex-Dividend on June 2nd

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) announced a monthly dividend on Friday, May 16th, Wall Street Journal reports. Stockholders of record on Monday, June 2nd will be given a dividend of 0.10 per share on Monday, June 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.73%. The ex-dividend date of this dividend is Monday, June 2nd.

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 Performance

NYSE:IDE opened at $11.18 on Friday. Voya Infrastructure, Industrials and Materials Fund has a fifty-two week low of $8.75 and a fifty-two week high of $11.77. The company’s 50-day simple moving average is $10.38 and its 200-day simple moving average is $10.57.

Institutional Trading of Voya Infrastructure, Industrials and Materials Fund

A hedge fund recently raised its stake in Voya Infrastructure, Industrials and Materials Fund stock. Royal Bank of Canada increased its stake in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) by 64.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,610 shares of the company’s stock after purchasing an additional 67,052 shares during the period. Royal Bank of Canada’s holdings in Voya Infrastructure, Industrials and Materials Fund were worth $1,816,000 as of its most recent filing with the Securities & Exchange Commission.

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.