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.
News and updates for Voya Financial, Inc. (NYSE: VOYA) focus on its activities as a retirement, employee benefits and investment management company. Company announcements highlight financial results, capital deployment decisions, product launches and initiatives that affect individual, workplace and institutional clients.
Investors following VOYA news will see regular earnings releases and related conference call details, including updates on segment performance in retirement, investment management and employee benefits. Voya also issues communications about share repurchase plans, common and preferred stock dividends, and preliminary information on assets under management and alternative investment income through Form 8-K filings and press releases.
Beyond financial metrics, Voya’s news flow includes developments in its retirement and wealth platforms and its investment management offerings. Recent announcements describe the launch of a retirement income guidance tool developed with SAVVI Financial for plan participants, the introduction of the WealthPath platform for Voya financial advisors in collaboration with Orion, and the launch of actively managed ETFs by Voya Investment Management. These items illustrate how Voya applies its retirement and asset management capabilities in practice.
Voya also publishes stories related to its community and education initiatives, such as the Voya Unsung Heroes program that provides grants to K–12 educators. These pieces offer additional context on the company’s presence in the education market and its foundation’s focus areas.
For readers tracking VOYA, this news page brings together company press releases and related coverage, offering a view into Voya’s financial reporting, capital actions, product and platform developments, and selected community programs. Investors and observers can use this stream of information to understand how Voya’s retirement, benefits and investment management businesses are evolving over time.
Voya Financial (NYSE: VOYA) has released its 2020-2021 Impact Report showcasing its environmental, social, and governance (ESG) efforts from January 1, 2020, to June 30, 2021. The report, themed 'Together in Action', details Voya's ESG strategy, climate change initiatives, diversity efforts, and financial wellness programs. Highlights include Voya's governance practices, new solutions aimed at financial inclusion, and its commitment to a just society. The report adheres to Global Reporting Initiative standards, reinforcing Voya’s position as a responsible corporate citizen.
Voya Financial, Inc. (NYSE: VOYA) has enhanced its critical illness insurance to address employees' financial wellness needs post-COVID-19. The updated offering includes an Absence from Employment Premium Waiver to alleviate premium payments for employees on leave and an Infectious Disease Benefit, now explicitly covering COVID-19. Recent research indicates 81% of employees desire employer support for financial wellness, emphasizing the importance of such benefits. Voya aims to support employees by easing financial burdens during health crises, promoting recovery and peace of mind.
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Voya Financial, Inc. (NYSE: VOYA) announced that Michael Smith, vice chairman and CFO, will participate in the 2021 KBW Insurance Conference on September 9, 2021, at approximately 3:40 p.m. ET. A webcast will be available for those interested, and participants are advised to log in 15 minutes early to prepare. Voya serves about 14.8 million clients, offering health, wealth, and investment solutions. In 2020, Voya reported $7.6 billion in revenue and managed $721 billion in assets as of June 30, 2021. The company is recognized for its commitment to ethical business practices.
Voya Financial reported a strong second quarter of 2021, with net income available to common shareholders at $459 million ($3.53 per diluted share), a significant recovery from a loss of $66 million in the same period last year. Adjusted operating earnings surged to a record $287 million ($2.20 per diluted share), driven by robust investment income and business performance. Wealth Solutions saw a 6.7% increase in recurring deposits, while Health Solutions' premiums rose 9.8%. The company also repurchased $518 million in common stock in Q2 and maintains $1.5 billion in excess capital.
Voya Financial (NYSE: VOYA) announced a common stock dividend of $0.165 per share for Q3 2021, payable on Sept. 29, 2021, to shareholders of record as of Aug. 26, 2021. The board also declared a semi-annual dividend of $30.625 per share on Series A fixed-rate preferred stock and a quarterly dividend of $13.3750 per share on Series B preferred stock, both payable on Sept. 15, 2021. Voya continues to focus on helping its approximately 14.8 million clients achieve financial wellness.
Voya Financial (NYSE: VOYA) has released new data showing that 72% of retirement plan participants increased their savings rates in Q2 2021. This aligns with findings from Voya’s research indicating that 63% of Americans are now more focused on retirement planning post-COVID-19. The pandemic has contributed to a significant shift in savings behavior, with 72% of Americans identifying as savers rather than spenders. Voya highlights the importance of employer support in enhancing financial wellness as open enrollment approaches, with 81% of employees seeking help to improve their financial health.
Voya Financial, Inc. (NYSE: VOYA) will announce its second quarter 2021 financial results on Aug. 5, 2021, after market close, followed by a conference call on Aug. 6, 2021, from 10 a.m. to 11 a.m. ET. The results, along with additional investor materials, will be available on the company's investor relations website. Voya aims to assist approximately 14.8 million clients with their financial wellness goals, reporting $7.6 billion in revenue for 2020 and managing $729 billion in assets as of March 31, 2021.
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