Voya Infrastructure, Industrials and Materials Fund (IDE) to Issue Monthly Dividend of $0.10 on June 15th

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

Voya Infrastructure, Industrials and Materials Fund Price Performance

NYSE:IDE opened at $14.03 on Friday. Voya Infrastructure, Industrials and Materials Fund has a 52-week low of $11.21 and a 52-week high of $14.30. The stock has a fifty day moving average of $13.29 and a 200 day moving average of $12.93.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IDE. Royal Bank of Canada lifted its position in Voya Infrastructure, Industrials and Materials Fund by 0.9% during the first quarter. Royal Bank of Canada now owns 300,565 shares of the company’s stock valued at $3,751,000 after purchasing an additional 2,736 shares during the last quarter. Compound Planning Inc. raised its position in shares of Voya Infrastructure, Industrials and Materials Fund by 236.6% during the 1st quarter. Compound Planning Inc. now owns 82,183 shares of the company’s stock valued at $1,026,000 after buying an additional 57,770 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the 1st quarter valued at $128,000. Fifth Third Bancorp bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the 1st quarter worth $50,000. Finally, Kestra Advisory Services LLC purchased a new position in Voya Infrastructure, Industrials and Materials Fund in the first quarter worth $264,000.

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.