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

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) declared a monthly dividend on Tuesday, February 17th. Investors of record on Monday, March 2nd will be paid a dividend of 0.055 per share by the investment management company on Monday, March 16th. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Monday, March 2nd.

Voya Emerging Markets High Dividend Equity Fund Price Performance

NYSE:IHD traded up $0.02 during mid-day trading on Wednesday, reaching $7.15. 32,456 shares of the stock were exchanged, compared to its average volume of 124,078. Voya Emerging Markets High Dividend Equity Fund has a 1-year low of $4.54 and a 1-year high of $7.28. The business has a fifty day moving average price of $6.62 and a 200 day moving average price of $6.31.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the 4th quarter worth about $38,000. Advisory Services Network LLC bought a new stake in Voya Emerging Markets High Dividend Equity Fund during the third quarter worth about $54,000. Cetera Investment Advisers increased its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 17.6% during the fourth quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock worth $76,000 after buying an additional 1,818 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the third quarter worth approximately $77,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the second quarter valued at approximately $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.