Analyzing Voya Global Equity's Ex-Dividend Date

On February 16, 2021, Voya Global Equity IGD announced shareholders can expect to receive a dividend payable on March 15, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Voya Global Equity has an ex-dividend date set for for March 1, 2021. The company's current dividend payout is $0.04, which equates to a dividend yield of 8.89% at current price levels.

What Is An Ex-Dividend Date?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Voya Global Equity's Dividend Payouts And Yields

Over the past year, Voya Global Equity has seen its dividend payouts remain the same and its yields trend downward. Last year on November 2, 2020 the company's payout sat at $0.04, which has returned to its value today. Voya Global Equity's dividend yield last year was 9.66%, which has since decreased by 0.77%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on Voya Global Equity's previous dividends.