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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.

News

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund Declare Quarterly Distributions

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Voya Investment Management, a part of Voya Financial, Inc. (VOYA), declares quarterly distributions for two closed-end funds: Voya Global Advantage and Premium Opportunity Fund (IGA) and Voya Infrastructure, Industrials and Materials Fund (IDE). The distribution amounts per share are $0.197 for IGA and $0.229 for IDE. These funds aim to provide regular quarterly distributions based on performance, subject to market conditions. The distribution sources include net investment income, capital gains, and return of capital.
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Voya Financial recognized as one of the World’s Most Ethical Companies® by Ethisphere® for 11th consecutive year

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Voya Financial, Inc. (VOYA) has been recognized by Ethisphere as one of the 2024 World’s Most Ethical Companies for the 11th consecutive year. This recognition highlights Voya's commitment to integrity and ethical business practices, making it stand out in the financial services industry.
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Tom Klonecki joins Benefitfocus as chief operating officer

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Benefitfocus appoints Tom Klonecki as COO to enhance customer success and accelerate growth. Klonecki brings 25+ years of industry experience, previously at Fidelity Investments, to lead teams in delivering top-notch client services and advancing shared client experience. Benefitfocus achieved a notable 40-point increase in net promoter score in 2023 under Frend's leadership.
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Voya Financial expands its workplace benefits offerings with new supplemental health insurance solution

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Voya Financial introduces Voya Protect, a new Group Limited Benefit Insurance solution covering over 13,000 medical conditions. The innovative offering aims to ease out-of-pocket medical costs for employees with quick and easy claim processes. The solution provides extensive coverage, efficient claims processing, and simple administration, benefiting both employers and employees.
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Voya Equity Closed End Fund Declares Distribution

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Voya Investment Management, a division of Voya Financial, Inc. (NYSE: VOYA), has announced the monthly distribution for its closed-end fund, Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD). The distribution of $0.040 per share will be paid on March 15, 2024, to shareholders of record on March 4, 2024, with an ex-dividend date of March 1, 2024. The Fund aims to provide regular monthly distributions based on its past and projected performance, with distributions varying depending on market conditions. The tax treatment of distributions may vary, with an estimated 6% of each distribution for the current fiscal year characterized as net investment income and 94% as return of capital.
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Voya evolves suite of advice and guidance solutions with launch of new dual QDIA

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Voya Financial, Inc. (NYSE: VOYA) has announced the launch of a new dual Qualified Default Investment Alternative (QDIA) to provide plan participants with more personalized retirement investments. The new solution aims to offer a higher-touch and personalized approach to retirement planning through managed account offerings. This approach is designed to address both the needs of younger accumulators and near-retirees, with total assets in Voya's managed account solutions up 28% in 2023 compared to the previous year. The new QDIA also provides ERISA 3(21) and 3(38) fiduciary support, and Voya Retirement Advisors (VRA) serves as the registered investment advisor. According to Voya research, over 56% of working Americans plan to utilize workplace advice services in 2024.
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Voya Financial announces fourth-quarter and full-year 2023 results

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Voya Financial, Inc. (VOYA) reported strong fourth-quarter and full-year 2023 financial results, with net income available to common shareholders of $118 million and $589 million, respectively. After-tax adjusted operating earnings were $174 million and $763 million for the same periods. The company achieved record after-tax adjusted operating earnings in Health Solutions, demonstrated expense discipline, and generated significant excess capital. Voya anticipates further commercial momentum, healthy margins, strong cash generation, and the return of excess capital to shareholders in 2024. CEO Heather Lavallee expressed optimism about the company's performance and its commitment to execution and business diversification.
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Voya Financial to present at the Bank of America 2024 Financial Services Conference

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Voya Financial, Inc. (VOYA) executives are set to participate in the Bank of America Financial Services Conference on Feb. 21, 2024. The webcast will feature CEO Heather Lavallee, CFO Don Templin, and EVP of Finance Michael Katz. The event is scheduled for 4:10 p.m. ET and will be accessible via a webcast link.
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Executive Chairman Rodney O. Martin, Jr., to retire on Feb. 29, 2024, as previously announced, following a successful tenure as Voya Financial’s chairman and former CEO

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Voya Financial, Inc. announced that David Zwiener will become non-executive chair upon the retirement of Executive Chairman Rodney O. Martin, Jr. Ruth Ann M. Gillis will assume the non-executive chair role after the 2024 annual meeting. Aylwin B. Lewis will become chair of the audit committee. The board is transitioning to a new leadership structure to continue executing Voya's strategy and provide further value for shareholders.
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Voya Financial announces details of annual meeting of stockholders

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Voya Financial, Inc. (VOYA) has scheduled its annual meeting of stockholders for May 23, 2024, at 11:00 a.m. ET. The meeting will be conducted online, and only stockholders of record as of March 27, 2024, will be entitled to vote. More details will be provided in Voya Financial's proxy statement.
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FAQ

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

The current stock price of VOYA FINANCIAL (VOYA) is $80.68 as of November 21, 2024.

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

The market cap of VOYA FINANCIAL (VOYA) is approximately 8.1B.

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.

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VOYA FINANCIAL, INC.

NYSE:VOYA

VOYA Rankings

#986 Ranked by Market Cap
#1287 Ranked by Dividends

VOYA Stock Data

8.10B
95.87M
0.33%
101.84%
2.1%
Financial Conglomerates
Life Insurance
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United States of America
NEW YORK