Voya Global Equity Dividend and Premium Opportunity Fund Past Earnings Performance
Past criteria checks 2/6
Voya Global Equity Dividend and Premium Opportunity Fund has been growing earnings at an average annual rate of 34%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 9.5% per year. Voya Global Equity Dividend and Premium Opportunity Fund's return on equity is 4.8%, and it has net margins of 130%.
Key information
34.0%
Earnings growth rate
34.1%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -9.5% |
| Return on equity | 4.8% |
| Net Margin | 130.0% |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
No updates
Recent updates
IGD: An Option-Income CEF Trading At A Huge Discount (Rating Downgrade)
Dec 29IGD: Time To Divest This Financials Heavy Equity CEF
Sep 22Voya Global Equity Dividend: 9.2% Yield, What's Not To Like?
Jul 06IGD: This High-Yielding Global Equity CEF Is In A Position To Sustain Its Yield
Feb 14Voya Global Equity Dividend and Premium Opportunity Fund declares $0.04 dividend
Jan 17Voya Global Equity Dividend and Premium Opportunity Fund declares $0.04 dividend
Dec 16IGD: This Outperforming Fund Has A Lot To Like
Nov 14Voya Global Equity Dividend and Premium Opportunity Fund declares $0.04 dividend
Oct 17Voya Global Equity Dividend and Premium Opportunity Fund declares $0.04 dividend
Sep 15Voya Global Equity Dividend and Premium Opportunity Fund declares $0.04 dividend
Aug 15Voya Global Equity Dividend and Premium Opportunity Fund declares $0.04 dividend
Jul 15Voya Global Equity Dividend and Premium Opportunity Fund goes ex-dividend tomorrow
Jun 30Evaluating Closed-End Funds: IGD Is A Risky Bet That Its Turnaround Will Last
Aug 08IGD: Good Idea, Terrible Execution
Apr 28Voya Global Equity Dividend and Premium Opportunity Fund declares $0.04 dividend
Dec 15Revenue & Expenses BreakdownBeta
How Voya Global Equity Dividend and Premium Opportunity Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 23 | 17 | 22 | 4 | 0 |
| 31 May 23 | 17 | 15 | 5 | 0 |
| 28 Feb 23 | 17 | 7 | 5 | 0 |
| 30 Nov 22 | 16 | -1 | 5 | 0 |
| 31 Aug 22 | 16 | -10 | 5 | 0 |
| 31 May 22 | 16 | 31 | 5 | 0 |
| 28 Feb 22 | 16 | 72 | 5 | 0 |
| 30 Nov 21 | 16 | 89 | 6 | 0 |
| 31 Aug 21 | 16 | 106 | 6 | 0 |
| 31 May 21 | 16 | 63 | 6 | 0 |
| 28 Feb 21 | 17 | 20 | 5 | 0 |
| 30 Nov 20 | 18 | -7 | 6 | 0 |
| 31 Aug 20 | 19 | -35 | 6 | 0 |
| 31 May 20 | 21 | -24 | 6 | 0 |
| 29 Feb 20 | 24 | -13 | 7 | 0 |
| 30 Nov 19 | 24 | -13 | 7 | 0 |
| 31 Aug 19 | 24 | -14 | 8 | 0 |
| 31 May 19 | 23 | -20 | 8 | 0 |
| 28 Feb 19 | 22 | -26 | 9 | 0 |
| 30 Nov 18 | 23 | -5 | 9 | 0 |
| 31 Aug 18 | 23 | 17 | 9 | 0 |
| 31 May 18 | 24 | 45 | 9 | 0 |
| 28 Feb 18 | 24 | 73 | 10 | 0 |
| 30 Nov 17 | 25 | 90 | 9 | 0 |
| 31 Aug 17 | 25 | 106 | 9 | 0 |
| 31 May 17 | 26 | 120 | 9 | 0 |
| 28 Feb 17 | 27 | 133 | 9 | 0 |
| 30 Nov 16 | 28 | 80 | 9 | 0 |
| 31 Aug 16 | 28 | 27 | 9 | 0 |
| 31 May 16 | 28 | -29 | 10 | 0 |
| 29 Feb 16 | 28 | -86 | 10 | 0 |
| 30 Nov 15 | 29 | -74 | 10 | 0 |
| 31 Aug 15 | 30 | -62 | 11 | 0 |
| 31 May 15 | 31 | -22 | 11 | 0 |
| 28 Feb 15 | 33 | 18 | 11 | 0 |
| 30 Nov 14 | 36 | 72 | 12 | 0 |
| 31 Aug 14 | 39 | 127 | 12 | 0 |
| 31 May 14 | 38 | 122 | 12 | 0 |
| 28 Feb 14 | 38 | 116 | 12 | 0 |
| 30 Nov 13 | 35 | 116 | 11 | 0 |
| 31 Aug 13 | 32 | 116 | 11 | 0 |
| 31 May 13 | 34 | 101 | 11 | 0 |
Quality Earnings: IGD has a large one-off gain of $17.3M impacting its last 12 months of financial results to 31st August, 2023.
Growing Profit Margin: IGD became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IGD's earnings have grown significantly by 34% per year over the past 5 years.
Accelerating Growth: IGD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IGD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.3%).
Return on Equity
High ROE: IGD's Return on Equity (4.8%) is considered low.