Voya Financial Inc Stock Price, News & Analysis

Voya Financial, Inc. (NYSE: VOYA) has declared a common stock dividend of $0.20 per share for the first quarter of 2023, payable on March 29, 2023, to shareholders of record as of February 24, 2023. Additionally, the board approved a semi-annual dividend of $30.625 per share on the Series A 6.125% preferred stock and a quarterly dividend of $13.3750 per share on the Series B 5.35% preferred stock, both payable on March 15, 2023. As of September 30, 2022, Voya managed approximately $711 billion in total assets, serving around 14.3 million clients.

Voya Financial, Inc. (NYSE: VOYA) has scheduled its annual meeting of stockholders for May 25, 2023, at 11:00 a.m. ET. Common stockholders recorded by the close of business on March 29, 2023, will have voting rights at this online-only meeting. Further details regarding the meeting will be provided in Voya's proxy statement, which will be filed prior to the event.

Voya Financial is a leading health, wealth, and investment company, serving over 14.3 million clients and managing approximately $711 billion in total assets as of September 30, 2022.

Voya Financial, Inc. (NYSE: VOYA) has completed the acquisition of Benefitfocus, Inc., a technology company specializing in benefits administration, originally announced on November 1, 2022. This strategic move enhances Voya's offerings in workplace benefits and savings, now impacting approximately 38 million individuals in the U.S. The acquisition aims to improve integrated health and wealth solutions for employers and health plans, thus enhancing employee wellbeing. Voya plans to outline its financial insights from this acquisition during its upcoming earnings call on February 8, 2023.

Voya Financial, Inc. (NYSE: VOYA) has been appointed as the recordkeeper and service provider for the Archdiocese of Boston's 401(k) Retirement Savings Plan, which manages approximately $150 million in assets for around 5,500 participants. Voya aims to enhance retirement outcomes through its educational tools and resources, such as myOrangeMoney and Financial Wellness services. Bill Harmon, Voya's chief client officer, expressed enthusiasm about this partnership, emphasizing service quality to improve participants' financial futures.

Voya Financial (NYSE: VOYA) will host a webcast and conference call on its financial results for Q4 and the full year of 2022 on February 8, 2023, from 10 a.m. to 11 a.m. ET. A press release detailing financial results will be issued after market close on February 7, 2023. The webcast will be accessible on Voya's investor relations website, along with supporting documents such as an investor supplement and analyst presentation. Voya is recognized for its commitment to ethical business practices and serves approximately 14.3 million clients.

On Dec. 29, 2022, Voya Financial, Inc. (NYSE: VOYA) declared a quarterly dividend of $0.20 per share on its common stock. Following this, the exercise price of the Warrants has been adjusted from $47.07 to $46.94 per share, effective Dec. 30, 2022. Additionally, the number of shares each Warrant can purchase has been adjusted to 1.038661602. Voya serves approximately 14.3 million clients and manages $711 billion in assets as of Sept. 30, 2022.

Voya Financial (NYSE: VOYA) celebrates the passing of the SECURE 2.0 Act of 2022 by Congress, pending the president's signature. The bill aims to enhance retirement plan access for individuals, particularly employees of small businesses. Key features include automatic enrollment in 401(k) plans, a start-up credit for small business plans, and innovative provisions for student loan repayments. Voya's internal data shows that 82% of Americans believe the government should prioritize equal retirement savings access, aligning with the bill's objectives.