Voya Financial Dividends and Buybacks
Dividend criteria checks 5/6
Voya Financial is a dividend paying company with a current yield of 2.17% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
2.2%
Dividend yield
7.6%
Buyback Yield
| Total Shareholder Yield | 9.8% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 28.5% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | US$1.800 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VOYA.PRB's dividends per share have been stable in the past 10 years.
Growing Dividend: VOYA.PRB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Voya Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VOYA.PRB) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (VOYA.PRB) (up to 3 years) | 2.5% |
Notable Dividend: VOYA.PRB's dividend (2.17%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: VOYA.PRB's dividend (2.17%) is low compared to the top 25% of dividend payers in the US market (4.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.6%), VOYA.PRB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.3%), VOYA.PRB's dividend payments are thoroughly covered by cash flows.