Voya Financial Increases Quarterly Dividend to $0.57 per Share

Voya Financial (VOYA) has announced a significant increase in its quarterly dividend, raising the payout by 21.3% from the previous amount of $0.47 per share to $0.57 per share. This move reflects the company's capital allocation strategy and commitment to returning value to shareholders. The new dividend carries a forward yield of approximately 2.32%. Shareholders of record as of November 24 will be eligible for the payment, which is scheduled to be paid on December 29. This announcement comes amidst various corporate developments, including recent earnings discussions and ongoing interactions with activist investor Toms Capital.

By Gaurav Batavia, SA News Editor · Seeking Alpha ·

Voya Financial Increases Quarterly Dividend to $0.57 per Share

Tickers: $VOYA

Topics: activist investor dividend increase earnings report quarterly dividend

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