Voya Financial Board Doubles Common Stock Dividend To $0.40 Per Share
Portfolio Pulse from Benzinga Newsdesk
Voya Financial's board has decided to double its common stock dividend to $0.40 per share, payable on September 27, 2023, to shareholders of record as of August 28, 2023.
July 27, 2023 | 9:18 pm
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Voya Financial has doubled its common stock dividend, which could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could make the stock more attractive to income-focused investors, potentially leading to an increase in the stock's price in the short term.
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