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. reports news about its retirement, employee benefits and investment management businesses in the United States. Recurring updates include quarterly earnings by segment, fee-based revenue, net underwriting results, assets under management, capital deployment, common and preferred stock dividends, and investment income from the company’s general account and investment management activities.
Company news also covers retirement-savings policy developments, workplace-benefits collaborations, disability inclusion through Voya Cares, and shareholder commentary on governance, management accountability and the employee benefits stop-loss business.
Voya Financial has unveiled a study in collaboration with major universities showing that reformulating retirement savings rates as “pennies per dollar” significantly enhances savings behavior, particularly among lower-income workers. The randomized study involved 2,200 individuals and revealed that displaying a 7% savings rate as “7 pennies” encouraged an increase to an average savings rate of 8.0%. This simple change could potentially raise retirement income by nearly 20%. Voya emphasizes the importance of addressing savings gaps through accessible behavioral finance approaches.
Voya Investment Management has announced a significant growth in its private placement debt portfolio, reaching $23.4 billion in assets under management (AUM). In 2021, Voya committed $4.4 billion across private placements, including $3.7 billion for institutional clients. The demand for private credit is on the rise, with around $90 billion issued in the market. Infrastructure debt accounted for $1.2 billion, or 27%, of Voya's total funding in 2021, reflecting a focus on renewable energy and ESG investments.
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Voya Financial, Inc. (NYSE: VOYA) announced that its CEO, Rodney O. Martin, Jr., will participate in the 2022 Credit Suisse Financial Services Forum on February 18 at 10:30 a.m. ET. The event will be available via webcast, with instructions for listeners to log in 15 minutes early for software requirements. Voya serves 14.3 million clients and reported $4.2 billion in revenue for 2021, managing assets totaling $739 billion as of December 31, 2021. The firm is recognized for its commitment to ethical business practices and employee inclusion.
Voya Financial (NYSE: VOYA) reported strong financial results for Q4 and FY 2021. Q4 net income per diluted share was $3.36, with adjusted operating earnings of $1.90. For the full year, net income was $16.61 per share, and record adjusted operating earnings reached $8.37 per share. The company generated $1 billion in excess capital and returned $331 million to shareholders in Q4. Key segments showed growth: Wealth Solutions deposits increased by 9%, Investment Management net inflows totaled $7.8 billion, and Health Solutions premiums rose by 10%. Voya maintains a robust financial outlook.
Voya Financial (NYSE: VOYA) announced that CEO Rodney O. Martin Jr. and CFO Michael Smith will present at the Bank of America Insurance Conference on February 16, 2022, at approximately 1:55 p.m. ET. Interested parties can access the webcast here, and are advised to log in 15 minutes prior to the event. Voya Financial is a leading investment company that serves 14.8 million clients, with $7.6 billion in revenue for 2020 and $718 billion in total assets under management as of September 30, 2021.
Voya Financial, Inc. (NYSE: VOYA) has declared a common stock dividend of $0.20 per share for Q1 2022, payable on March 30, 2022, to shareholders of record by February 25, 2022. Additionally, a semi-annual dividend of $30.625 per share on Series A preferred stock and a quarterly dividend of $13.3750 per share on Series B preferred stock were announced, both payable on March 15, 2022. Voya continues to demonstrate its commitment to shareholder returns and maintains a strong position in financial services with $7.6 billion in revenue for 2020.
Voya Financial, Inc. (NYSE: VOYA) announced that its annual stockholder meeting will take place on May 26, 2022, at 11:00 a.m. ET. Stockholders of record as of March 29, 2022, can vote during the online-only event. Detailed information will be included in a proxy statement filed ahead of the meeting.
Voya Financial is a leading investment and insurance company, serving approximately 14.8 million clients and managing $718 billion in total assets as of September 30, 2021.
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