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

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) announced a monthly dividend on Thursday, July 16th. Shareholders of record on Monday, August 3rd will be paid a dividend of 0.10 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date is Monday, August 3rd.

Voya Infrastructure, Industrials and Materials Fund Stock Up 0.1%

IDE stock opened at $13.67 on Thursday. The firm’s fifty day simple moving average is $13.76 and its 200-day simple moving average is $13.37. Voya Infrastructure, Industrials and Materials Fund has a 12 month low of $11.36 and a 12 month high of $14.30.

Voya Infrastructure, Industrials and Materials Fund Company Profile

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.