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

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) declared 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) annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Tuesday, September 1st.

Voya Infrastructure, Industrials and Materials Fund Trading Up 0.1%

IDE stock opened at $13.36 on Tuesday. The firm has a 50 day moving average of $13.49 and a 200 day moving average of $13.46. Voya Infrastructure, Industrials and Materials Fund has a 52 week low of $11.36 and a 52 week high of $14.30.

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

Several hedge funds have recently modified their holdings of IDE. Royal Bank of Canada lifted its holdings in Voya Infrastructure, Industrials and Materials Fund by 64.1% during the first quarter. Royal Bank of Canada now owns 171,610 shares of the company’s stock valued at $1,816,000 after purchasing an additional 67,052 shares in the last quarter. Compound Planning Inc. increased its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 236.6% during the first quarter. Compound Planning Inc. now owns 82,183 shares of the company’s stock worth $1,026,000 after purchasing an additional 57,770 shares in the last quarter. &PARTNERS purchased a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the fourth quarter worth about $554,000. Invesco Ltd. raised its position in shares of Voya Infrastructure, Industrials and Materials Fund by 14.2% during the 4th quarter. Invesco Ltd. now owns 335,488 shares of the company’s stock worth $4,127,000 after purchasing an additional 41,598 shares during the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the 4th quarter worth about $299,000.

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.