Voya Financial Inc Stock Price, News & Analysis

Voya Investment Management will host a webcast on May 12, 2022, from 4:30 p.m. to 5:00 p.m. ET for the Voya Global Advantage and Premium Opportunity Fund (IGA) and Voya Global Equity Dividend and Premium Opportunity Fund (IGD). Portfolio Managers Steven Wetter and Jason Rausch will provide insights into the funds' investment strategies and performance. Investors can register for the event online and submit questions via email by May 11. A replay will be available afterward.

Voya Financial (NYSE: VOYA) announced Q1 2022 results with net income at $0.24 per diluted share, influenced by investment losses. Adjusted operating earnings were $1.47 per diluted share, reflecting organic growth across all sectors. The company deployed approximately $713 million in excess capital, including $500 million in share repurchases and $192 million in debt redemption. Wealth Solutions reported an 11.2% increase in recurring deposits to $12.4 billion. Despite higher administrative costs and investment losses, Voya aims to maintain its strong capital deployment track record with an additional $500 million share repurchase authorization.

Voya Financial, Inc. (NYSE: VOYA) has declared a common stock dividend of $0.20 per share for Q2 2022, payable on June 29, 2022, to shareholders of record by May 25, 2022. The company also announced a quarterly dividend of $13.3750 per share on its Series B preferred stock, which is equivalent to $0.334375 per depositary share, payable on June 15, 2022, to shareholders of record by May 25, 2022. Voya serves over 14.3 million clients and reported $4.2 billion in revenue for 2021.

Voya Financial (NYSE: VOYA) recently released research in collaboration with the American Society for Healthcare Human Resources Administration highlighting the challenges faced by health care organizations post-COVID-19. Findings indicate that 83% of decision-makers view attracting and retaining high-quality staff as increasingly vital. The survey, conducted among over 200 health care organizations, emphasizes the importance of mental health support and wellness programs. Notably, 90% agree that employee benefit programs are essential for attracting talent, with many organizations enhancing retirement plan matches since January 2021.

Voya Financial (NYSE: VOYA) has appointed Tatyana Kibrik as the new Chief Technology Officer (CTO) of Voya Investment Management, effective April 19. Kibrik will lead technology initiatives aimed at enhancing Voya's investment and trading capabilities, focusing on data science, machine learning, and automation. With over 20 years of experience, including her previous role at Wells Fargo, she is expected to drive technological advancement aligning with Voya's growth strategies. This appointment reflects Voya's commitment to integrating technology into operations for better client outcomes.

Voya Financial (NYSE: VOYA) will host a webcast and conference call on May 4, 2022, to discuss its first-quarter 2022 financial results, which will be released after market close on May 3, 2022. Investors can access the webcast on Voya's investor relations website. The company, serving 14.3 million clients, reported $4.2 billion in revenue for 2021 and has $739 billion in total assets under management as of December 31, 2021. Voya is recognized for its ethical practices and workplace quality.