Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Declares $0.06 Monthly Dividend

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) declared a monthly dividend on Monday, August 17th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.055 per share by the investment management company on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Tuesday, September 1st.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

IHD stock opened at $7.64 on Tuesday. Voya Emerging Markets High Dividend Equity Fund has a 52-week low of $5.84 and a 52-week high of $8.14. The company’s 50 day simple moving average is $7.52 and its 200-day simple moving average is $7.20.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Waterfront Wealth Inc. acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the 1st quarter valued at approximately $3,236,000. Bulldog Investors LLP grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 55.1% during the 4th quarter. Bulldog Investors LLP now owns 900,453 shares of the investment management company’s stock valued at $5,646,000 after acquiring an additional 319,956 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at $1,354,000. Private Advisor Group LLC increased its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 36.7% in the first quarter. Private Advisor Group LLC now owns 312,161 shares of the investment management company’s stock worth $2,079,000 after acquiring an additional 83,855 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 121.3% during the second quarter. Osaic Holdings Inc. now owns 148,536 shares of the investment management company’s stock worth $882,000 after acquiring an additional 81,418 shares in the last quarter.

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.