Voya Financial Dividends and Buybacks
Dividend criteria checks 5/6
Voya Financial is a dividend paying company with a current yield of 2.63% that is well covered by earnings.
Key information
2.6%
Dividend yield
10.2%
Buyback Yield
| Total Shareholder Yield | 12.8% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 28.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.800 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Voya: Fundamental Strengths Remain Despite Recent Underperformance
Nov 26Voya Financial's (NYSE:VOYA) Dividend Will Be Increased To $0.45
Aug 05
Not Many Are Piling Into Voya Financial, Inc. (NYSE:VOYA) Just Yet
Jul 18Fewer Investors Than Expected Jumping On Voya Financial, Inc. (NYSE:VOYA)
Apr 01Voya Financial Will Outperform Competitors For These 3 Reasons
Nov 08Voya Financial Q2 Earnings: Solid Growth But Too Expensive Right Now
Aug 04Voya Financial Q4 2022 Earnings Preview
Feb 06Voya Financial declares $0.20 dividend
Jan 26Voya Financial names former Marathon Petroleum exec as new CFO
Nov 14Benefitfocus stock soars ~49% after hours on $570M merger with Voya Financial
Nov 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VOYA's dividends per share have been stable in the past 10 years.
Growing Dividend: VOYA'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) | 2.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (VOYA) (up to 3 years) | 3.0% |
Notable Dividend: VOYA's dividend (2.63%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: VOYA's dividend (2.63%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.6%), VOYA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.6%), VOYA's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:11 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Voya Financial, Inc. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Gelb | Barclays |
| Alex Scott | Barclays |
| Joshua Shanker | BofA Global Research |