Voya Global Advantage and Premium Opportunity Fund
IGAFinancial Services · Stock · monthly payer
$9.75
Add to PortfolioForward Yield
10.46%
Annual Dividend
$1.02
Payout Ratio
83%
5-Yr Growth
-15.5%
Ex-Date
Jun 1, 2026
Frequency
Monthly
IGA Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage83% of earnings paid out
Balance-sheet strengthDebt/equity of 0.00
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is IGA a good dividend stock?
Yes, with caveatsVoya Global Advantage and Premium Opportunity Fund (IGA) pays a monthly dividend yielding 10.46% ($1.02/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.46%
- Payout Ratio
- 83%
- Annual Dividend
- $1.02
- 5-Yr Avg Growth
- -15.5%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.47
- Market Cap
- $149.6M
- P/E Ratio
- 7.9
- 5-Yr Total Return
- -1%
- 52-Week Range
- $9.21 – $10.11
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.0850 | regular |
| May 1, 2026 | — | $0.0850 | regular |
| Apr 1, 2026 | — | $0.0850 | regular |
| Mar 2, 2026 | — | $0.0850 | regular |
| Feb 2, 2026 | — | $0.0850 | regular |
| Dec 30, 2025 | — | $0.0850 | regular |
| Dec 1, 2025 | — | $0.0850 | regular |
| Nov 3, 2025 | — | $0.0850 | regular |
| Oct 1, 2025 | — | $0.0850 | regular |
| Sep 2, 2025 | — | $0.0850 | regular |
| Aug 1, 2025 | — | $0.0850 | regular |
| Jul 1, 2025 | — | $0.0850 | regular |
| Jun 2, 2025 | — | $0.0850 | regular |
| May 1, 2025 | — | $0.0850 | regular |
Income Calculator
At $1.02 / yr per share
Per payment (monthly)$8.50
Annual$102.00
Monthly avg$8.50
