If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Voya Infrastructure, Industrials and Materials Fund is 0.72, which seems too high.
During the past 3 years, the average Dividends Per Share Growth Rate was -4.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -5.60% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Voya Infrastructure, Industrials and Materials Fund was -4.10% per year. The lowest was -7.60% per year. And the median was -7.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Voya Infrastructure, Industrials and Materials Fund Dividend Yield % Historical Data
* 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.
* Premium members only.
Voya Infrastructure, Industrials and Materials Fund Dividend Yield % Chart
Voya Infrastructure, Industrials and Materials Fund Annual Data
* 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 Infrastructure, Industrials and Materials Fund's Dividend Yield % Distribution in the Asset Management Industry
* The bar in red indicates where Voya Infrastructure, Industrials and Materials Fund's Dividend Yield % falls into.
Voya Infrastructure, Industrials and Materials Fund Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Voya Infrastructure, Industrials and Materials Fund Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.229
2024-04-01
2024-04-02
2024-04-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.229
2023-12-28
2023-12-29
2024-01-16
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.229
2023-10-02
2023-10-03
2023-10-16
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.229
2023-07-03
2023-07-05
2023-07-17
Cash Dividend
quarterly
USD: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.
* 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 Infrastructure, Industrials and Materials Fund (NYSE:IDE) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, 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 Infrastructure, Industrials and Materials Fund Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Voya Infrastructure, Industrials and Materials Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Voya Infrastructure, Industrials and Materials Fund (Voya Infrastructure, Industrials and Materials Fund) Business Description
Voya Infrastructure, Industrials and Materials Fund is a diversified closed-end management investment company. Its primary objective is to seek total return through a combination of current income, capital gains, and capital appreciation. The Fund seeks to achieve its investment objective by investing in companies that own and/or operate infrastructure facilities in the infrastructure sector, and in a broad range of companies, principally in the industrials and materials sectors, that the Sub-Adviser believes will benefit from the building, renovation, expansion, and utilization of infrastructure. Geographically, the majority of revenue is derived from the United States.
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