Voya Financial Inc Stock Price, News & Analysis

Voya Financial (NYSE: VOYA) has announced a new collaboration with Family First to provide concierge caregiving support services for employees. The service will be available to employer groups with Lifetime Life Insurance or Voya Leave Management. Family First offers professional support through accredited Care Experts, including nurses, social workers, and mental health professionals, backed by physicians and specialists.

The service includes a personalized Care Plan, a Caregiving Risk Index with Caregiver Burnout Scale, and a High-Tech Digital Care Hub with educational resources. According to Voya's research, 77% of employees consider caregiving resources important for employer offerings. The collaboration expands Voya's lifetime planning services, which already include estate planning and grief support through Empathy.

Voya Financial has announced its dividend declarations for the second quarter of 2025. The company's board of directors has approved two key dividend payments:

• A common stock dividend of $0.45 per share, payable on June 26, 2025
• A quarterly dividend of $13.3750 per share on the Series B 5.35% fixed-rate reset non-cumulative preferred stock (equivalent to $0.334375 per depositary share)

Both dividends will be distributed to shareholders of record as of May 27, 2025. For the preferred stock dividend, each depositary share represents a 1/40th ownership interest in a share of Series B Preferred Stock, with payment scheduled for June 16, 2025.

Voya Financial (NYSE: VOYA) has announced the appointment of Trevor Ogle as its new Chief Legal Officer (CLO), effective May 2, 2025. Ogle will lead Voya's Law & Compliance department while maintaining his current responsibilities for strategy and corporate development functions.

Ogle, who has been with Voya since its public debut in 2013, previously served as deputy general counsel for corporate law and later as Head of Corporate Development and Chief Strategy and M&A Officer. He succeeds My Chi To, who will depart Voya on May 2 for an external opportunity.

CEO Heather Lavallee highlighted Ogle's exceptional contributions to Voya, citing his legal expertise, leadership within the executive team, and extensive business experience as key factors in his appointment. Throughout his 12-year tenure, Ogle has played a important role in driving Voya's growth, identifying opportunities, and developing strategic partnerships.

Empathy and Voya Financial have announced a groundbreaking collaboration to integrate Empathy LifeVault™ into Voya's benefits ecosystem. This marks the first financial institution implementation of LifeVault, offering an innovative legacy planning platform to policyholders and employees.

The partnership addresses a critical need revealed in Empathy's 'Grief Tax' report, which found that 2/3 of people lack access to essential documents after losing a loved one, extending estate settlement times up to 20 months. LifeVault will be available to Voya's Group Term Life Insurance and Lifetime Life Insurance enrollees, providing a secure digital platform for storing affairs, creating legal documents, and sharing essential information.

This initiative comes at a important time, as only 24% of U.S. adults report having a will, with an anticipated $84 trillion wealth transfer from baby boomers to younger generations expected over the next two decades. The collaboration aims to set new industry standards for legacy planning while expanding Empathy's services beyond bereavement care.

Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) have announced their monthly distributions for April 2025. IGA will distribute $0.085 per share, while IDE will distribute $0.100 per share, both payable on April 15, 2025.

For IGA, the distribution sources include: 43.53% from net investment income, 32.94% from short-term capital gains, and 23.53% from long-term capital gains. IDE's distribution comprises: 17% from net investment income, 40% from long-term capital gains, and 43% from return of capital.

The funds' performance metrics show IGA's five-year average annual return at 13.44% with a current annualized distribution rate of 9.73%, while IDE posted a 13.52% five-year return with a 10.58% distribution rate. IGA's fiscal year-to-date return stands at 1.16%, while IDE shows -0.28%.

Voya Financial (NYSE: VOYA) has announced its upcoming first-quarter 2025 financial results presentation schedule. The company will host a webcast and conference call on Wednesday, May 7, 2025, from 10 a.m. to 11 a.m. ET.

The financial results will be released after market close on Tuesday, May 6, 2025. The press release, investor supplement, and analyst presentation will be available on the company's investor relations website at investors.voya.com.

Investors are advised to access the webcast at least 15 minutes before the start time to install necessary software. A replay will be available at investors.voya.com starting at approximately 1 p.m. ET on May 7, 2025.