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Voya Financial (Voya Financial) 3-Year Dividend Growth Rate : 26.00% (As of Dec. 2023)


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What is Voya Financial 3-Year Dividend Growth Rate?

Voya Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.40.

The historical rank and industry rank for Voya Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

VOYA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 26   Med: 67.85   Max: 159
Current: 26

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Voya Financial was 159.00% per year. The lowest was 26.00% per year. And the median was 67.85% per year.

VOYA's 3-Year Dividend Growth Rate is ranked better than
69.23% of 26 companies
in the Diversified Financial Services industry
Industry Median: 9.85 vs VOYA: 26.00

During the past 12 months, Voya Financial's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 76.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 55.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Voya Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.20. As of today, Voya Financial's Dividend Yield % is 2.04%.

Good Sign:

Voya Financial Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Voya Financial's 3-Year Dividend Growth Rate

For the Financial Conglomerates subindustry, Voya Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Voya Financial's 3-Year Dividend Growth Rate Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Voya Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Voya Financial's 3-Year Dividend Growth Rate falls into.



Voya Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Voya Financial  (NYSE:VOYA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Voya Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.4/ 1.97
=0.20

During the past 13 years, the highest Dividend Payout Ratio of Voya Financial was 0.45. The lowest was 0.00. And the median was 0.06.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Voya Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4002024-02-232024-02-262024-03-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-11-242023-11-272023-12-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-08-252023-08-282023-09-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-05-252023-05-262023-06-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Voya Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.4/69.06
=2.03 %

Current Share Price is $69.06.
Voya Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.4.

During the past 13 years, the highest Dividend Yield of Voya Financial was 2.05%. The lowest was 0.03%. And the median was 0.13%.

Good Sign:

Voya Financial Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Voya Financial 3-Year Dividend Growth Rate Related Terms>


Voya Financial (Voya Financial) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, New York, NY, USA, 10169
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.
Executives
Martin Rodney O Jr director, officer: Chairman and CEO 70 PINE ST, NEW YORK NY 10270
Tony D Oh officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Brannigan C Thompson other: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Yvette S. Butler director 230 PARK AVENUE, NEW YORK NY 10169
Biff Bowman director 50 S. LASALLE STREET, CHICAGO IL 60603
Hikmet Ersek director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Santhosh Keshavan officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Matthew Levin officer: See Remarks NEUSTAR, INC., 4600 CENTER OAK PLAZA, STERLING VA 20166
Charles P Nelson officer: CEO, Retirement 230 PARK AVE, NEW YORK NY 10169
Donald C. Templin officer: See Remarks 328 PHEASANT RUN PLACE, FINDLAY OH 45840
Nancy Ferrara officer: See Remarks 230 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10169
Trevor Ogle officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Michael Robert Katz officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169
Michael S Smith officer: Chief Risk Officer 230 PARK AVENUE, NEW YORK NY 10169
My Chi To officer: See Remarks 230 PARK AVENUE, NEW YORK NY 10169