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 Wednesday, January 15th,Wall Street Journal reports. Investors of record on Monday, February 3rd will be paid a dividend of 0.10 per share on Tuesday, February 18th. This represents a $1.20 annualized dividend and a yield of 11.53%. The ex-dividend date of this dividend is Monday, February 3rd.

Voya Infrastructure, Industrials and Materials Fund has increased its dividend by an average of 7.2% per year over the last three years.

Voya Infrastructure, Industrials and Materials Fund Trading Up 1.5 %

Shares of IDE traded up $0.15 during midday trading on Thursday, reaching $10.41. 129,053 shares of the company were exchanged, compared to its average volume of 88,425. Voya Infrastructure, Industrials and Materials Fund has a 1-year low of $9.73 and a 1-year high of $11.77. The stock has a 50-day moving average price of $10.70 and a 200-day moving average price of $10.77.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors.