IHD (Voya Emerging Markets High Dividend Equity Fund) Dividend Payout Ratio: 0.22 (As of Feb. 2026) — 59% Below Median

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IHD Voya Emerging Markets High Dividend Equity Fund IHD
37 GF Score
Price $7.39
! 3 Warning Signs
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What is Voya Emerging Markets High Dividend Equity Fund Dividend Payout Ratio?

Voya Emerging Markets High Dividend Equity Fund IHD -0.54% 37 Dividend Payout Ratio is 0.22 as of Feb. 2026, which is 59% below its 10-year median of 0.54. GuruFocus rates IHD with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 929 Asset Management companies, Voya Emerging Markets High Dividend Equity Fund ranks better than 78.15% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.22.

The historical rank and industry rank for Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio or its related term are showing as below:

IHD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.54   Max: 1.45
Current: 0.27


During the past 9 years, the highest Dividend Payout Ratio of Voya Emerging Markets High Dividend Equity Fund was 1.45. The lowest was 0.27. And the median was 0.54.

IHD's Dividend Payout Ratio is ranked better than
78.15% of 929 companies
in the Asset Management industry
Industry Median: 0.69 vs IHD: 0.27

As of today (2026-07-21), the Dividend Yield % of Voya Emerging Markets High Dividend Equity Fund is 8.94%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Voya Emerging Markets High Dividend Equity Fund was 15.82%. The lowest was 7.70%. And the median was 10.38%.

Voya Emerging Markets High Dividend Equity Fund's Dividends per Share for the months ended in Feb. 2026 was $0.33.

During the past 12 months, Voya Emerging Markets High Dividend Equity Fund's average Dividends Per Share Growth Rate was -10.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.80% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Voya Emerging Markets High Dividend Equity Fund was 0.90% per year. The lowest was -9.10% per year. And the median was -0.90% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Voya Emerging Markets High Dividend Equity Fund Dividend Payout Ratio Related Terms


Voya Emerging Markets High Dividend Equity Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio can be seen below:

* 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 Emerging Markets High Dividend Equity Fund Dividend Payout Ratio Chart

Voya Emerging Markets High Dividend Equity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.92 1.45 0.27

Voya Emerging Markets High Dividend Equity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.85 11.00 0.37 0.22

IHD vs BGX, GRX, HYI: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Emerging Markets High Dividend Equity Fund Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio falls into.


IHD
37GF Score
Voya Emerging Markets High Dividend Equity Fund IHD
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Voya Emerging Markets High Dividend Equity Fund Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2026 )/ EPS without NRI (A: Feb. 2026 )
=0.66/ 2.44
=0.27

Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2026 )/ EPS without NRI (Q: Feb. 2026 )
=0.33/ 1.536
=0.21

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.22 mean?
Voya Emerging Markets High Dividend Equity Fund (IHD) has a Dividend Payout Ratio of 0.22 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Voya Emerging Markets High Dividend Equity Fund and its competitors. This is 59% below median its historical median of 0.54. Over the past decade, Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio has ranged from 0.27 to 1.45. According to the industry distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #203 out of 929 companies in the Asset Management industry, placing it in the top 21.9%.
Is Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio too high?
Voya Emerging Markets High Dividend Equity Fund's current Dividend Payout Ratio of 0.22 is 59% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.45. The Asset Management industry median Dividend Payout Ratio is 0.69. Voya Emerging Markets High Dividend Equity Fund's value of 0.22 is 68.1% below this industry median. Based on the distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #203 out of 929 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Voya Emerging Markets High Dividend Equity Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Voya Emerging Markets High Dividend Equity Fund's Dividend Payout Ratio compare to BGX and GRX?
According to the Asset Management industry distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #203 out of 929 companies for Dividend Payout Ratio. This places Voya Emerging Markets High Dividend Equity Fund in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.69. Voya Emerging Markets High Dividend Equity Fund's value of 0.22 is 68.1% below this benchmark. Historically, Voya Emerging Markets High Dividend Equity Fund's own Dividend Payout Ratio has ranged from 0.27 to 1.45 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.69, Voya Emerging Markets High Dividend Equity Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.69, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voya Emerging Markets High Dividend Equity Fund's current Dividend Payout Ratio of 0.22 is 68.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Voya Emerging Markets High Dividend Equity Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voya Emerging Markets High Dividend Equity Fund's current Dividend Payout Ratio is 0.22, which is 59% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Emerging Markets High Dividend Equity Fund stock overvalued right now?
Voya Emerging Markets High Dividend Equity Fund (IHD) has a current Dividend Payout Ratio of 0.22. The current Dividend Payout Ratio is 0.22, which is 59% below median its 10-year median of 0.54 and 68.1% below the Asset Management industry median of 0.69. Voya Emerging Markets High Dividend Equity Fund's overall GF Score™ is 37/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Voya Emerging Markets High Dividend Equity Fund (IHD), the current Dividend Payout Ratio is 0.22 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Voya Emerging Markets High Dividend Equity Fund Business Description

Address 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Emerging Markets High Dividend Equity Fund is a diversified closed-end management investment company. Its primary investment objective is to provide total return through a combination of current income, capital gains, and capital appreciation. The company seeks to achieve its investment objectives by investing principally in a portfolio of equity securities, and issuers in emerging market countries. The Fund will also normally seek to secure gains and enhance the stability of returns over a market cycle by writing (selling) call options on selected exchange-traded funds (ETFs) and/or international, regional, or country indices of equity securities, and/or on equity securities.
37GF Score

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