Voya Asia Pacific High Dividend Equity Income Fund (IAE) to Issue Monthly Dividend of $0.07 on May 15th

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) announced a monthly dividend on Friday, April 19th, NASDAQ reports. Shareholders of record on Thursday, May 2nd will be paid a dividend of 0.065 per share on Wednesday, May 15th. This represents a $0.78 dividend on an annualized basis and a yield of 13.21%. The ex-dividend date is Wednesday, May 1st.

Voya Asia Pacific High Dividend Equity Income Fund has decreased its dividend payment by an average of 2.4% per year over the last three years.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

Shares of IAE opened at $5.90 on Friday. The stock has a 50 day moving average price of $6.13 and a two-hundred day moving average price of $5.89. Voya Asia Pacific High Dividend Equity Income Fund has a 52 week low of $5.31 and a 52 week high of $6.40.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IAE. City of London Investment Management Co. Ltd. increased its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 158.3% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 340,327 shares of the company’s stock worth $2,762,000 after purchasing an additional 208,573 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 31.9% in the 1st quarter. Guggenheim Capital LLC now owns 166,578 shares of the company’s stock worth $1,354,000 after buying an additional 40,264 shares during the last quarter. Comerica Bank purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 3rd quarter worth approximately $156,000. Susquehanna International Group LLP purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth approximately $67,000. Finally, UBS Group AG boosted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 15.7% in the 3rd quarter. UBS Group AG now owns 68,480 shares of the company’s stock worth $410,000 after buying an additional 9,309 shares during the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.