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VOYA FINANCIAL, INC. - VOYA STOCK NEWS

Welcome to our dedicated page for VOYA FINANCIAL news (Ticker: VOYA), a resource for investors and traders seeking the latest updates and insights on VOYA FINANCIAL stock.

Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.

Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.

With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.

For more information about Voya Financial, Inc., visit voya.com.

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Voya Investment Management has announced key appointments to enhance its Equities platform, including the promotion of Vincent Costa to co-CIO and the addition of Eric Ross as a senior technology analyst. The restructuring includes a centralized research team, led by James Dorment and Kristy Finnegan as co-heads of fundamental research. Together, these changes aim to strengthen Voya's investment strategies and align with client demand, supporting the firm’s growth objectives.

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Voya Financial, Inc. (NYSE: VOYA) has announced the redemption of its 3.125% Senior Notes due 2024, with an outstanding principal amount of $400,000,000. The redemption will occur on Nov. 29, 2021, at a price equal to either 100% of the principal plus accrued interest or the Make-Whole Redemption Amount, whichever is greater. The funding for this redemption will be sourced from cash on hand, emphasizing Voya's financial stability and liquidity.

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Voya Financial has declared a common stock dividend of $0.20 per share for Q4 2021, reflecting a more than 20% increase from the previous dividend of $0.165. This dividend will be payable on Dec. 29, 2021, to shareholders of record by Nov. 29, 2021. Additionally, a quarterly dividend of $13.3750 per share on the Series B preferred stock has been announced, payable on Dec. 15, 2021. Voya emphasizes this increase as a demonstration of confidence in business performance and commitment to shareholder value.

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Voya Financial (NYSE: VOYA) has announced the top three winners of its annual Voya Unsung Heroes grant program. A total of $5.8 million has been awarded to educators over 25 years. First place, Nicole Bay and Christian Kollegger, received $25,000 for their program on urban farming. Second place went to Susan Nicholson-Dykstra with $10,000 for her physics project. Kenneth Huff and Thomas Bird placed third, earning $5,000 for their electrochemistry initiative.

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Voya Investment Management will host a webinar on November 9, 2021, from 4:00 p.m. - 4:30 p.m. ET for its funds, Voya Asia Pacific High Dividend Equity Income Fund (IAE) and Voya Emerging Markets High Dividend Equity Fund (IHD). Portfolio Managers Steven Wetter and Jason Rausch will present the funds’ investment strategies and performance while answering investor queries. Registrations are open via www.voyainvestments.com/CEF. A replay will be accessible for those unable to attend.

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Voya Financial, Inc. (NYSE: VOYA) has announced it will host a webcast and conference call for its Q3 2021 financial results on November 3, 2021, from 9 a.m. to 10 a.m. ET. The call's start time has been moved up from 10 a.m. ET. A press release detailing financial results will be issued after market close on November 2, 2021. The webcast will be accessible on the company’s investor relations website, and a replay will be available post-call. Voya continues its commitment to financial wellness for its clients, managing $721 billion in assets.

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Voya Financial has been selected as the new health savings account (HSA) provider for the ABA Retirement Funds Program as of October 1, 2021. This program serves nearly 37,000 participants with total assets exceeding $7.5 billion. Voya's HSA aims to provide holistic financial solutions alongside existing retirement offerings, addressing the growing interest in HSAs for managing healthcare expenses. Voya emphasizes the integration of health and wealth solutions, reflecting a strong market position and commitment to financial wellness.

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Voya Financial (NYSE: VOYA) has released a whitepaper titled “Financial Wellness Meets Behavioral Economics,” authored by Shlomo Benartzi of UCLA. The paper explores how employers can assist workers in effectively allocating savings among various financial products to enhance both health and wealth. Notably, 73% of Americans feel their money is losing value. The paper discusses the issue of 'narrow framing' where individuals fail to see the overall financial picture, making suboptimal allocation decisions. It recommends that employers show, simplify, and personalize financial options to improve employee financial wellness.

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FAQ

What is the current stock price of VOYA FINANCIAL (VOYA)?

The current stock price of VOYA FINANCIAL (VOYA) is $68.21 as of December 24, 2024.

What is the market cap of VOYA FINANCIAL (VOYA)?

The market cap of VOYA FINANCIAL (VOYA) is approximately 6.6B.

What does Voya Financial, Inc. specialize in?

Voya Financial specializes in retirement, investment, and insurance solutions for both individual and institutional clients.

How many customers does Voya Financial serve?

Voya Financial serves approximately 13 million individual and institutional customers in the United States.

What are the primary business segments of Voya Financial?

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions.

How many employees does Voya Financial have?

Voya Financial has a dedicated workforce of approximately 6,500 employees.

What is Voya Financial’s vision?

Voya Financial's vision is to be America’s Retirement Company™, guiding Americans towards greater retirement readiness.

What recent technological advancements has Voya Financial made?

Voya Financial has recently partnered with Oracle to leverage Oracle Database@Azure, enhancing their cloud services' performance and security.

Where can I find more information about Voya Financial?

More information about Voya Financial can be found on their official website, http://voya.com.

What types of retirement solutions does Voya Financial offer?

Voya Financial offers tax-advantaged retirement savings plans and individual retirement accounts, tailored to meet various customer needs.

What is the company’s focus in terms of corporate responsibility?

Voya Financial focuses on securing financial futures through responsible business practices, aiming to benefit individuals, families, and institutions.

How does Voya Financial enhance customer experiences?

Voya Financial enhances customer experiences by leveraging advanced technologies like Oracle Database@Azure for secure and high-performance services.

VOYA FINANCIAL, INC.

NYSE:VOYA

VOYA Rankings

VOYA Stock Data

6.56B
95.87M
0.33%
102.38%
2.15%
Financial Conglomerates
Life Insurance
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United States of America
NEW YORK