Voya Prime Rate Trust (NYSE:PPR) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Wednesday, July 10th will be paid a dividend of 0.027 per share by the investment management company on Monday, July 22nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date is Tuesday, July 9th.
Voya Prime Rate Trust has decreased its dividend by an average of 5.1% per year over the last three years.
Shares of PPR opened at $4.79 on Monday. The firm’s 50 day simple moving average is $4.77. Voya Prime Rate Trust has a 12 month low of $4.39 and a 12 month high of $5.04.
About Voya Prime Rate Trust
Voya Prime Rate Trust is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.
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