Associated tags: VOYA, Bloomberg, Voya Financial, Family, Ethisphere Institute, Disability, Professional Services, Finance, NYSE, Asset Management, Insurance, Security (finance)
Locations: CONNECTICUT, DISTRICT OF COLUMBIA, ILLINOIS, US, ASIA, AFRICA, NEW MEXICO, WYOMING, EUROPE, AUSTRIA, COLORADO, SAN FRANCISCO, UNITED KINGDOM, HONG KONG, ASIA PACIFIC, KANSAS, CALIFORNIA, MINNESOTA, KENTUCKY, FARM, GOLDMAN, UNITED STATES, NORTH AMERICA, NEW YORK, LEWIS, LEARY, ARIZONA
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 third quarter of 2023.
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 third quarter of 2023.
- The common stock dividend is payable on Sept. 27, 2023, to shareholders of record as of Aug. 28, 2023.
- “The doubling of our common stock dividend to $0.40 per share demonstrates our confidence in our continued cash generation as well as our commitment to providing value to our shareholders.
- The board also 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.
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Bank Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), and the Illinois Bankers Association (IBA) announced today that they have entered into a commercial and industrial (C&I) loan growth partnership program known as the Voya Senior Loan Advisory Program.
Key Points:
- Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), and the Illinois Bankers Association (IBA) announced today that they have entered into a commercial and industrial (C&I) loan growth partnership program known as the Voya Senior Loan Advisory Program.
- Participating commercial banks benefit from Voya’s unique market leadership, experience, relationships, credit risk management, training and sourcing capabilities while effectively keeping independent research and decision-making within their walls, thus satisfying regulatory requirements.
- Under this program, community and regional banking commercial credit professionals can build portfolios of senior secured commercial and industrial loans.
- “This asset class benefits banks looking for a combination of loan diversification, asset growth, interest and fee income and floating rate assets.”
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Fund Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.
Key Points:
- Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.
- With respect to the Fund, the distribution will be paid on August 15, 2023, to shareholders of record on August 2, 2023.
- The distribution per share for the Fund is as follows:
Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)
IGD intends to make regular monthly distributions based on the past and projected performance of the Fund.
- There can be no assurance that a Fund will be able to declare a distribution in each period.
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Fund 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.
- The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of June 30, 2023.
- 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.
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VOYA Voya Financial, Inc. (NYSE: VOYA), announced today that it has been selected as the new recordkeeper and service provider for the Farm Credit Foundations 401(k) Retirement Savings Plan.
Key Points:
- Voya Financial, Inc. (NYSE: VOYA), announced today that it has been selected as the new recordkeeper and service provider for the Farm Credit Foundations 401(k) Retirement Savings Plan.
- Their 401(k) plan, which recently transitioned to Voya, represents roughly $4 billion in retirement plan assets and services approximately 13,000 participants.
- In addition to 401(k) plan recordkeeping support, the new relationship with Farm Credit Foundations also includes Voya’s Non-Qualified Deferred Compensation (NQDC) offering.
- “We are thrilled to be supporting Farm Credit Foundations and the employees they serve on their retirement savings journey as their new service provider,” said Doug Murray, SVP, Wealth Solutions Distribution and Client Engagement.
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Disability Voya Financial, Inc. (NYSE: VOYA), announced today that it has earned recognition as a “Best Place to Work for Disability Inclusion” for the sixth consecutive year.
Key Points:
- Voya Financial, Inc. (NYSE: VOYA), announced today that it has earned recognition as a “Best Place to Work for Disability Inclusion” for the sixth consecutive year.
- Voya’s top score of 100 on the 2023 Disability Equality Index® (DEI) illustrates the company’s continued, measurable progress to lessen unemployment and underemployment of people with disabilities.
- The DEI is a joint initiative of the American Association of People with Disabilities, the nation’s largest disability rights organization, and Disability:IN.
- Voya also supports its employees who are part of the disabilities community through its employee-led People with Disabilities and Caregivers Council.
Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call on its second-quarter 2023 financial results on Wednesday, Aug. 2, 2023 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 on its second-quarter 2023 financial results on Wednesday, Aug. 2, 2023 from 10 a.m. to 11 a.m.
- ET.
- Voya will issue a press release announcing the company’s second-quarter 2023 financial results after the market closes on Tuesday, Aug. 1, 2023.
- ET on Aug. 2, 2023.
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Fund Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)
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- Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)
Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE)
Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD)
Each Fund intends to make regular monthly/quarterly distributions based on the past and projected performance of each Fund.
- Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.
- The portion of each Fund's monthly/quarterly distributions estimated to come from the Fund's option strategy, for tax purposes, may be treated as a combination of long-term and short-term capital gains, and/or a return of capital.
- Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.
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Fund Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Key Points:
- Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
- No Fund is a complete investment program and you may lose money investing in a Fund.
- 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.
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Financial adviser RICHMOND, Va., June 15, 2023 /PRNewswire/ -- The Virginia Retirement System Board of Trustees has named Voya Financial to serve as the third-party record keeper for the VRS defined contribution plans (DCP) beginning January 1, 2025, subject to final contract negotiations.
Key Points:
- RICHMOND, Va., June 15, 2023 /PRNewswire/ -- The Virginia Retirement System Board of Trustees has named Voya Financial to serve as the third-party record keeper for the VRS defined contribution plans (DCP) beginning January 1, 2025, subject to final contract negotiations.
- Following an expected 18-month transition period, Voya will assume record-keeping responsibilities January 1, 2025, for VRS-sponsored defined contribution plans including the Commonwealth of Virginia 457 Deferred Compensation Plan, the Virginia Cash Match Plan 401(a) and the defined contribution component of the Hybrid Retirement Plan.
- Voya will also serve as record keeper for VRS-sponsored optional retirement plans for political appointees and school superintendents, and as one of the provider choices for the optional plan for higher education.
- Record keeping entails administering participant defined contribution accounts including managing contributions and distributions, interfacing with investment managers selected by VRS and providing participant education and services and communications for VRS plans.
