Voya Global Equity Dividend and Premium Opportunity Fund to Issue Monthly Dividend of $0.05 (NYSE:IGD)

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) declared a monthly dividend on Monday, June 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.05 per share by the investment management company on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date is Wednesday, July 1st.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

Voya Global Equity Dividend and Premium Opportunity Fund stock opened at $6.27 on Tuesday. The company’s 50-day moving average is $6.06 and its 200-day moving average is $5.89. Voya Global Equity Dividend and Premium Opportunity Fund has a fifty-two week low of $5.58 and a fifty-two week high of $6.41.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. LPL Financial LLC increased its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 3.7% during the 4th quarter. LPL Financial LLC now owns 2,844,385 shares of the investment management company’s stock worth $16,270,000 after purchasing an additional 101,257 shares during the last quarter. Bank of America Corp DE grew its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 4.0% in the 1st quarter. Bank of America Corp DE now owns 2,604,651 shares of the investment management company’s stock valued at $14,847,000 after buying an additional 100,216 shares during the last quarter. Guggenheim Capital LLC grew its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 16.9% in the 4th quarter. Guggenheim Capital LLC now owns 1,906,715 shares of the investment management company’s stock valued at $10,906,000 after buying an additional 275,126 shares during the last quarter. Invesco Ltd. grew its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 3.8% in the 4th quarter. Invesco Ltd. now owns 1,202,212 shares of the investment management company’s stock valued at $6,877,000 after buying an additional 44,474 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 145.1% in the 1st quarter. Kestra Advisory Services LLC now owns 502,356 shares of the investment management company’s stock valued at $2,863,000 after buying an additional 297,411 shares during the last quarter.

About Voya Global Equity Dividend and Premium Opportunity Fund

The Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) is a closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objective by investing primarily in dividend‐paying equity securities of companies located around the world. In addition to traditional equity holdings, the fund employs an options overlay strategy—selling call options on individual stocks or on equity indices—to generate additional premium income and to help manage portfolio volatility.

IGD’s investment portfolio is broadly diversified across developed and emerging markets, including North America, Europe and the Asia-Pacific region.