VOYA FINANCIAL


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Voya Financial announces first-quarter 2024 results

Retrieved on: 
Tuesday, April 30, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today its first-quarter 2024 financial results:

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today its first-quarter 2024 financial results:
    First-quarter 2024 net income available to common shareholders of $234 million, or $2.24 per diluted share, and after-tax adjusted operating earnings1 of $185 million, or $1.77 per diluted share.
  • “In the first quarter of 2024, adjusted operating EPS grew 23% compared with the prior-year period, reflecting the strength of our diversified revenues and expense discipline,” said Heather Lavallee, chief executive officer, Voya Financial.
  • As of March 31, 2024, Voya had approximately $0.4 billion of excess capital.
  • In addition, Voya will host a conference call on Wednesday, May 1, 2024, at 10 a.m.

Voya Financial declares common and preferred stock dividends

Retrieved on: 
Tuesday, April 23, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today that its board of directors has declared a common stock dividend of $0.40 per share for the second quarter of 2024.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today that its board of directors has declared a common stock dividend of $0.40 per share for the second quarter of 2024.
  • The common stock dividend is payable on June 26, 2024, to shareholders of record as of May 28, 2024.
  • Voya announced today that its board of directors also has declared a quarterly dividend of $13.3750 per share on the company’s Series B 5.35% fixed-rate reset non-cumulative preferred stock (the “Series B Preferred Stock”), equivalent to $0.334375 per depositary share, each of which represents a 1/40th ownership interest in a share of Series B Preferred Stock.
  • The second quarter 2023 Series B preferred stock dividend is payable on June 17, 2024, to shareholders of record as of May 28, 2024.

Voya Increases Distribution Rate on 5 Funds

Retrieved on: 
Friday, April 19, 2024

You should not draw any conclusions about the Funds’ investment performance from the amount of this distribution or from the terms of the Funds’ Plan.

Key Points: 
  • You should not draw any conclusions about the Funds’ investment performance from the amount of this distribution or from the terms of the Funds’ Plan.
  • The Funds’ estimate that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital may occur, for example, when some or all of the money that you invested in the Funds’ is paid back to you.
  • Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

New research from Voya and Easterseals finds veterans with disabilities experience gaps in their workplace benefits

Retrieved on: 
Tuesday, April 16, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240416503662/en/
    While 60% of all veterans described their transition from the service as “easy,” only 37% of veterans with disabilities said the same.
  • While most employers are interested in offering specific workplace benefits to support disabled veteran employees, few currently offer each of the benefits cited through the research.
  • The results of the research are based on a national survey conducted by Edge Research of veterans with and without disabilities, caregivers of veterans and their employers.
  • Voya Cares®, in collaboration with Easterseals, commissioned Edge Research to conduct a national survey among disabled veterans (n=728) and nondisabled veterans (n=301), caregivers of disabled veterans (n=305), and employers (N=511).

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund Announces Payment of Quarterly Distribution

Retrieved on: 
Tuesday, April 16, 2024

IMPORTANT DISCLOSURE: You should not draw any conclusions about the Funds’ investment performance from the amount of this distribution or from the terms of the Funds’ Plan.

Key Points: 
  • IMPORTANT DISCLOSURE: You should not draw any conclusions about the Funds’ investment performance from the amount of this distribution or from the terms of the Funds’ Plan.
  • 2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024.
  • Neither the Fund nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.
  • In any specific case, the parties involved should seek the guidance and advice of their own legal and tax counsel.

Major Global Businesses Adopt Oracle Database@Azure Worldwide

Retrieved on: 
Tuesday, April 23, 2024

AUSTIN, Texas, April 23, 2024 /PRNewswire/ -- Global businesses across every vertical industry including Conduent, Vodafone, and Voya Financial are adopting Oracle Database@Azure to accelerate their cloud migrations. Oracle Database@Azure delivers all the performance, scale, and availability advantages of Oracle Database on Oracle Cloud Infrastructure (OCI) with the comprehensive application and developer services of Microsoft Azure. It is now available in three regions worldwide, including Azure U.K. South, Germany West Central, and East U.S., and to meet growing demand, Microsoft and Oracle plan to make it available in an additional 12 regions globally by the end of 2024.

Key Points: 
  • Oracle Database@Azure delivers all the performance, scale, and availability advantages of Oracle Database on Oracle Cloud Infrastructure (OCI) with the comprehensive application and developer services of Microsoft Azure .
  • By migrating its on-premises Oracle Exadata environment to the cloud with Oracle Database@Azure, Conduent has improved application performance and enabled real-time transaction processing.
  • "Customer interest in Oracle Database@Azure underscores that businesses are increasingly seeking the flexibility to leverage best-of-breed solutions in their cloud deployments," said Karan Batta, senior vice president, Oracle Cloud Infrastructure.
  • As we see global businesses such as Conduent, Vodafone, and Voya Financial adopt Oracle Database@Azure, it is clear that multicloud is the future – and we look forward to continuing to expand Oracle Database@Azure globally to meet this demand."

Voya Financial schedules announcement of first-quarter 2024 results

Retrieved on: 
Monday, April 8, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call for its first-quarter 2024 financial results on Wednesday, May 1, 2024, from 10 a.m. to 11 a.m.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call for its first-quarter 2024 financial results on Wednesday, May 1, 2024, from 10 a.m. to 11 a.m.
  • ET.
  • Voya will issue a press release announcing the company’s first-quarter 2024 financial results after the market closes on Tuesday, April 30, 2024.
  • ET on May 1, 2024.

Voya announces change to distribution frequency from quarterly to monthly on four funds

Retrieved on: 
Thursday, April 4, 2024

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced that the funds’ Board of Trustees has approved a change to the distribution frequency of four funds from quarterly to monthly.

Key Points: 
  • Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced that the funds’ Board of Trustees has approved a change to the distribution frequency of four funds from quarterly to monthly.
  • The funds have a long history of making consistent periodic payments to shareholders and Voya Investment Management believes the change to monthly will enable investors to better manage their cashflow needs.
  • Investors should not make any conclusions about the funds’ investment performance from the amount of the funds’ distributions or the funds’ distribution policy.
  • Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

Voya expands nonqualified deferred compensation offering with new ‘Business-ready’ solution for smaller-sized businesses

Retrieved on: 
Thursday, April 4, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today the launch of “Business-ready” — the latest addition to the firm’s comprehensive lineup of nonqualified deferred compensation (NQDC) solutions.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today the launch of “Business-ready” — the latest addition to the firm’s comprehensive lineup of nonqualified deferred compensation (NQDC) solutions.
  • As a differentiated market offering, Business-ready provides a more simplified NQDC offering designed specifically for smaller-size employers as an added solution for their executive benefits package.
  • “At the same time, we also know there is not a ‘one size fits all’ solution when it comes to building an executive’s total rewards package.
  • The new solution brings forward the expertise and experience of Voya’s Non-Qualified Markets team, while providing many of the core benefits of a more customized solution, including several differentiating features.

Voya Financial announces new collaboration with Empathy to offer on-demand Bereavement Support in the workplace

Retrieved on: 
Tuesday, April 2, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today a new collaboration with Empathy, a comprehensive, on-demand concierge support system that offers bereaved families guidance and support for many of the administrative, emotional, legal and financial challenges faced after the loss of a loved one.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today a new collaboration with Empathy, a comprehensive, on-demand concierge support system that offers bereaved families guidance and support for many of the administrative, emotional, legal and financial challenges faced after the loss of a loved one.
  • Empathy’s services are now available to employees enrolled in group term life insurance offered by Voya through their employer.
  • Curated bereavement tools: Help with closing accounts and creating an obituary, probate and estate administration guidance, grief resources and more.
  • To learn more about Voya’s new collaboration with Empathy, contact a Voya sales representative.