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

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) announced a monthly dividend on Monday, June 15th. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.10 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date is Wednesday, July 1st.

Voya Infrastructure, Industrials and Materials Fund Stock Up 1.9%

IDE opened at $14.01 on Tuesday. The stock’s 50 day moving average price is $13.58 and its two-hundred day moving average price is $13.10. Voya Infrastructure, Industrials and Materials Fund has a 12-month low of $11.30 and a 12-month high of $14.30.

Institutional Trading of Voya Infrastructure, Industrials and Materials Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. grew its holdings in Voya Infrastructure, Industrials and Materials Fund by 14.2% in the 4th quarter. Invesco Ltd. now owns 335,488 shares of the company’s stock valued at $4,127,000 after buying an additional 41,598 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 0.9% during the 1st quarter. Royal Bank of Canada now owns 300,565 shares of the company’s stock worth $3,751,000 after purchasing an additional 2,736 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 4.3% during the 2nd quarter. Raymond James Financial Inc. now owns 277,986 shares of the company’s stock worth $3,250,000 after purchasing an additional 11,501 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 26.5% during the 4th quarter. Oppenheimer & Co. Inc. now owns 105,876 shares of the company’s stock worth $1,302,000 after purchasing an additional 22,152 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 3.8% during the 4th quarter. LPL Financial LLC now owns 89,922 shares of the company’s stock worth $1,106,000 after purchasing an additional 3,275 shares in the last quarter.

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.