Voya Prime Rate Trust (PPR) Announces $0.03 Monthly Dividend
Voya Prime Rate Trust (NYSE:PPR) announced a monthly dividend on Monday, October 3rd. Shareholders of record on Monday, October 10th will be paid a dividend of 0.0265 per share by the investment management company on Monday, October 24th. This represents a $0.32 annualized dividend and a dividend yield of 6.05%. The ex-dividend date is Wednesday, October 5th.
Shares of Voya Prime Rate Trust (NYSE:PPR) traded down 0.38% during mid-day trading on Monday, hitting $5.26. 356,819 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $5.23 and a 200-day moving average price of $5.12. Voya Prime Rate Trust has a 1-year low of $4.51 and a 1-year high of $5.30.
About Voya Prime Rate Trust
Voya Prime Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trust seeks to provide investors with as high a level of current income as is consistent with the preservation of capital. The Trust seeks to achieve this objective by investing, under normal market conditions, approximately 80% of its net assets, plus borrowings for investment purposes, in United States dollar denominated floating rate secured senior loans.
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