Voya Emerging Markets High Dividend Equity Fund (IHD) to Issue Monthly Dividend of $0.06 on June 15th

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) announced a monthly dividend on Friday, May 15th. Stockholders of record on Monday, June 1st will be given a dividend of 0.055 per share by the investment management company on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Monday, June 1st.

Voya Emerging Markets High Dividend Equity Fund Price Performance

NYSE:IHD opened at $7.55 on Friday. The firm has a 50-day moving average of $7.05 and a 200-day moving average of $6.73. Voya Emerging Markets High Dividend Equity Fund has a one year low of $5.58 and a one year high of $7.59.

Institutional Investors Weigh In On Voya Emerging Markets High Dividend Equity Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Parkside Financial Bank & Trust bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the fourth quarter worth about $38,000. Advisory Services Network LLC bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter worth about $54,000. Cetera Investment Advisers grew its position in Voya Emerging Markets High Dividend Equity Fund by 17.6% in the 4th quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock worth $76,000 after purchasing an additional 1,818 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter worth about $77,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter worth about $144,000.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) is a closed-end investment company that seeks to provide high current income and long-term capital appreciation by investing primarily in equity securities of companies domiciled or with significant business activities in emerging market countries. The fund emphasizes dividend-paying stocks across a range of industries, including financials, consumer staples, industrials and energy, with the goal of generating above-average yield relative to broader emerging market equity indices.

Launched in the mid-2000s under the ING Investment Management brand, the fund became part of Voya Investment Management’s portfolio offerings following Voya Financial’s acquisition of ING’s U.S.