Voya Asia Pacific High Dividend Equity Income Fund Plans Monthly Dividend of $0.07 (NYSE:IAE)

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) declared a monthly dividend on Friday, April 19th, NASDAQ reports. Stockholders 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 dividend yield of 13.22%. The ex-dividend date of this dividend is Wednesday, May 1st.

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

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

Shares of NYSE IAE traded down $0.04 during midday trading on Friday, reaching $5.90. The company’s stock had a trading volume of 30,231 shares, compared to its average volume of 42,156. Voya Asia Pacific High Dividend Equity Income Fund has a 12-month low of $5.31 and a 12-month high of $6.40. The firm has a 50 day moving average price of $6.13 and a 200-day moving average price of $5.88.

Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

Several institutional investors have recently bought and sold shares of the company. City of London Investment Management Co. Ltd. lifted its stake in Voya Asia Pacific High Dividend Equity Income Fund by 158.3% in the first quarter. City of London Investment Management Co. Ltd. now owns 340,327 shares of the company’s stock valued at $2,762,000 after purchasing an additional 208,573 shares during the last quarter. Guggenheim Capital LLC raised its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 31.9% during the 1st quarter. Guggenheim Capital LLC now owns 166,578 shares of the company’s stock valued at $1,354,000 after acquiring an additional 40,264 shares during the period. Advisor Group Holdings Inc. raised its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 3.7% during the 4th quarter. Advisor Group Holdings Inc. now owns 92,219 shares of the company’s stock valued at $565,000 after acquiring an additional 3,308 shares during the period. UBS Group AG raised its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 15.7% during the 3rd quarter. UBS Group AG now owns 68,480 shares of the company’s stock valued at $410,000 after acquiring an additional 9,309 shares during the period. Finally, LPL Financial LLC raised its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 10.3% during the 2nd quarter. LPL Financial LLC now owns 41,822 shares of the company’s stock valued at $291,000 after acquiring an additional 3,900 shares during the period.

About Voya Asia Pacific High Dividend Equity Income Fund

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.