Voya Emerging Markets High Dividend Equity Fund (IHD) to Issue Monthly Dividend of $0.06 on August 17th

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) announced a monthly dividend on Wednesday, July 15th. Stockholders of record on Monday, August 3rd will be given a dividend of 0.055 per share by the investment management company on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Monday, August 3rd.

Voya Emerging Markets High Dividend Equity Fund Price Performance

Shares of IHD stock opened at $7.42 on Friday. Voya Emerging Markets High Dividend Equity Fund has a 12 month low of $5.75 and a 12 month high of $8.14. The company’s fifty day simple moving average is $7.56 and its 200-day simple moving average is $7.08.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the 4th quarter valued at 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 raised its holdings in 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 acquiring an additional 1,818 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at approximately $144,000. Finally, NewEdge Advisors LLC boosted its position in Voya Emerging Markets High Dividend Equity Fund by 67.1% during the third quarter. NewEdge Advisors LLC now owns 46,119 shares of the investment management company’s stock valued at $289,000 after purchasing an additional 18,525 shares during 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.