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

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) announced a monthly dividend on Monday, August 17th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.10 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Tuesday, September 1st.

Voya Infrastructure, Industrials and Materials Fund Price Performance

Shares of IDE stock opened at $13.26 on Friday. The stock has a 50 day moving average price of $13.41 and a 200 day moving average price of $13.45. Voya Infrastructure, Industrials and Materials Fund has a 52-week low of $11.36 and a 52-week high of $14.30.

Institutional Trading of Voya Infrastructure, Industrials and Materials Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 5.2% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 37,599 shares of the company’s stock valued at $520,000 after purchasing an additional 1,845 shares during the period. Royal Bank of Canada increased its stake in Voya Infrastructure, Industrials and Materials Fund by 0.9% in the 1st quarter. Royal Bank of Canada now owns 300,565 shares of the company’s stock worth $3,751,000 after buying an additional 2,736 shares during the period. Compound Planning Inc. lifted its holdings in Voya Infrastructure, Industrials and Materials Fund by 236.6% during the 1st quarter. Compound Planning Inc. now owns 82,183 shares of the company’s stock valued at $1,026,000 after buying an additional 57,770 shares in the last quarter. Cetera Investment Advisers bought a new stake in Voya Infrastructure, Industrials and Materials Fund during the 1st quarter valued at about $128,000. Finally, Fifth Third Bancorp purchased a new stake in Voya Infrastructure, Industrials and Materials Fund in the 1st quarter valued at about $50,000.

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.