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

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) declared a monthly dividend on Friday, April 19th, NASDAQ reports. Stockholders of record on Thursday, May 2nd will be paid a dividend of 0.055 per share by the investment management company on Wednesday, May 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 13.10%. The ex-dividend date of this dividend is Wednesday, May 1st.

Voya Emerging Markets High Dividend Equity Fund has decreased its dividend payment by an average of 9.1% per year over the last three years.

Voya Emerging Markets High Dividend Equity Fund Stock Down 0.2 %

Shares of NYSE:IHD traded down $0.01 during midday trading on Friday, reaching $5.04. The company’s stock had a trading volume of 8,359 shares, compared to its average volume of 29,417. The firm has a 50 day moving average price of $5.21 and a two-hundred day moving average price of $5.03. Voya Emerging Markets High Dividend Equity Fund has a fifty-two week low of $4.49 and a fifty-two week high of $5.47.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IHD. Kingsview Wealth Management LLC bought a new position in Voya Emerging Markets High Dividend Equity Fund in the second quarter worth approximately $1,023,000. Comerica Bank bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the third quarter valued at approximately $254,000. LPL Financial LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the second quarter valued at approximately $157,000. Quantedge Capital Pte Ltd bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the first quarter valued at approximately $179,000. Finally, Private Advisor Group LLC lifted its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 30.0% in the first quarter. Private Advisor Group LLC now owns 110,000 shares of the investment management company’s stock valued at $737,000 after purchasing an additional 25,400 shares in the last quarter.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.