Voya Prime Rate Trust (PPR) To Go Ex-Dividend on October 6th
Voya Prime Rate Trust (NYSE:PPR) declared a monthly dividend on Monday, October 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, October 10th will be paid a dividend of 0.0225 per share by the investment management company on Monday, October 23rd. This represents a $0.27 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend is Friday, October 6th.
Voya Prime Rate Trust has decreased its dividend by an average of 9.3% per year over the last three years.
Voya Prime Rate Trust (NYSE PPR) opened at 5.21 on Thursday. Voya Prime Rate Trust has a 12 month low of $5.14 and a 12 month high of $5.62. The stock has a 50 day moving average of $5.19 and a 200-day moving average of $5.33.
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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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