Voya Financial board of directors doubles common stock dividend to $0.40 per share
28 July 2023 - 6:30AM
Business Wire
Board declares common and preferred stock dividends
Voya Financial, Inc. (NYSE: VOYA), announced today that its
board of directors has declared a common stock dividend of $0.40
per share for the third quarter of 2023. The common stock dividend
is payable on Sept. 27, 2023, to shareholders of record as of Aug.
28, 2023.
“With businesses that center around our customers’ needs and
that also generate high free cash flow, Voya remains both
strategically and financially well positioned,” said Heather
Lavallee, chief executive officer, Voya Financial. “The doubling of
our common stock dividend to $0.40 per share demonstrates our
confidence in our continued cash generation as well as our
commitment to providing value to our shareholders. Our focus on
being good stewards of shareholder capital will remain a priority,
as will our commitment to achieving our broader growth plans.”
Voya’s board also declared a semi-annual dividend of $30.625 per
share on the company’s Series A 6.125% fixed-rate reset
non-cumulative preferred stock (the “Series A Preferred Stock”).
The board also declared a quarterly dividend of $13.3750 per share
on the company’s Series B 5.35% fixed-rate reset non-cumulative
preferred stock (the “Series B Preferred Stock”), equivalent to
$0.334375 per depositary share, each of which represents a 1/40th
ownership interest in a share of Series B Preferred Stock. Both
preferred stock dividends are payable on Sept. 15, 2023, to
shareholders of record as of Aug. 28, 2023.
About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), is a leading health, wealth
and investment company with 7,200 employees who are focused on
achieving Voya’s aspirational vision: Clearing your path to
financial confidence and a more fulfilling life. Through products,
solutions and technologies, Voya helps its 14.7 million individual,
workplace and institutional clients become well planned, well
invested and well protected. Benefitfocus, a Voya company, extends
the reach of Voya’s workplace benefits and savings offerings by
providing benefits administration capabilities to 16.5 million
individual subscription employees across employer and health plan
clients. Certified as a “Great Place to Work” by the Great Place to
Work® Institute, Voya is purpose-driven and committed to conducting
business in a way that is economically, ethically, socially and
environmentally responsible. Voya has earned recognition as: one of
the World’s Most Ethical Companies® by the Ethisphere Institute; a
member of the Bloomberg Gender-Equality Index; and a “Best Place to
Work for Disability Inclusion” on the Disability Equality Index.
For more information, visit voya.com. Follow Voya Financial on
Facebook, LinkedIn and Twitter @Voya.
VOYA-IR VOYA-CF
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version on businesswire.com: https://www.businesswire.com/news/home/20230727099216/en/
Media Contact: Christopher Breslin (212) 309-8941
Christopher.Breslin@voya.com
Investor Contact: Michael Katz (212) 309-8999
IR@voya.com
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