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Voya Global Equity Dividend and Premium Opportunity Fund (Voya Global Equity Dividend and Premium Opportunity Fund) Dividend Yield % : 9.43% (As of May. 14, 2024)


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What is Voya Global Equity Dividend and Premium Opportunity Fund Dividend Yield %?

As of today (2024-05-14), the Trailing Annual Dividend Yield of Voya Global Equity Dividend and Premium Opportunity Fund is 9.43%.

Good Sign:

Voya Global Equity Dividend and Premium Opportunity Fund stock dividend yield is close to 3-year high.

The historical rank and industry rank for Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Yield % or its related term are showing as below:

IGD' s Dividend Yield % Range Over the Past 10 Years
Min: 7.63   Med: 9.8   Max: 15.25
Current: 9.43

During the past 7 years, the highest Dividend Yield of Voya Global Equity Dividend and Premium Opportunity Fund was 15.25%. The lowest was 7.63%. And the median was 9.80%.

IGD's Dividend Yield % is ranked better than
79.39% of 1218 companies
in the Asset Management industry
Industry Median: 5.53 vs IGD: 9.43

Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Payout Ratio for the six months ended in Feb. 2024 was 0.83.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Voya Global Equity Dividend and Premium Opportunity Fund is 1.24, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Voya Global Equity Dividend and Premium Opportunity Fund was 5.33. The lowest was 0.59. And the median was 1.20.

As of today (2024-05-14), the Forward Dividend Yield % of Voya Global Equity Dividend and Premium Opportunity Fund is 11.57%.

Voya Global Equity Dividend and Premium Opportunity Fund's Dividends per Share for the six months ended in Feb. 2024 was $0.24.

During the past 5 years, the average Dividends Per Share Growth Rate was -7.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Voya Global Equity Dividend and Premium Opportunity Fund was -7.50% per year. The lowest was -13.10% per year. And the median was -13.10% per year.

The growth rate is calculated with least square regression.

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


Voya Global Equity Dividend and Premium Opportunity Fund Dividend Yield % Historical Data

The historical data trend for Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Yield % 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.

* Premium members only.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Yield % Chart

Voya Global Equity Dividend and Premium Opportunity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Dividend Yield %
Get a 7-Day Free Trial 11.40 8.78 8.14 8.97 9.41

Voya Global Equity Dividend and Premium Opportunity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.14 8.81 8.97 9.45 9.41

Competitive Comparison of Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Yield %

For the Asset Management subindustry, Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Global Equity Dividend and Premium Opportunity Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Yield % falls into.



Voya Global Equity Dividend and Premium Opportunity Fund Dividend Yield % Calculation

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

Voya Global Equity Dividend and Premium Opportunity Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0500002024-05-012024-05-022024-05-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002024-04-012024-04-022024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002024-03-012024-03-042024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002024-02-012024-02-022024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-12-282023-12-292024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-12-012023-12-042023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-11-012023-11-022023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-10-022023-10-032023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-09-012023-09-052023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-08-012023-08-022023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-07-032023-07-052023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0400002023-06-012023-06-022023-06-15Cash DividendmonthlyUSD: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 Global Equity Dividend and Premium Opportunity Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.49/5.1899
=9.44 %

Current Share Price is $5.1899.
Voya Global Equity Dividend and Premium Opportunity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.49.

Voya Global Equity Dividend and Premium Opportunity Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6/5.1899
=11.56 %

Current Share Price is $5.1899.
Voya Global Equity Dividend and Premium Opportunity Fund's Dividends per Share for the forward twelve months is calculated as $0.05 * 12 = $0.6.

* 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 Global Equity Dividend and Premium Opportunity Fund  (NYSE:IGD) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Voya Global Equity Dividend and Premium Opportunity Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Voya Global Equity Dividend and Premium Opportunity Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Global Equity Dividend and Premium Opportunity Fund (Voya Global Equity Dividend and Premium Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Global Equity Dividend and Premium Opportunity Fund are a United States-based diversified, closed-end Fund. The primary objective of the Fund is to seek to provide investors with a high level of income from a portfolio of global common stocks with historically attractive dividend yields and premiums from call option writing. Its secondary investment objective is capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks of dividend-paying companies located throughout the world.
Executives
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Lydia Homer officer: Chief Financial Officer, Funds 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Russell H Jones director
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Satish Sadashiv Bapat officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS
Dirk Albert Buggenhout officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Global Equity Dividend and Premium Opportunity Fund (Voya Global Equity Dividend and Premium Opportunity Fund) Headlines