SmarterDividends
IGD

Voya Global Equity Dividend and Premium Opportunity Fund

IGD

Financial Services · Stock · monthly payer

Forward Yield

9.68%

Annual Dividend

$0.60

Payout Ratio

79%

5-Yr Growth

4.6%

Ex-Date

Jun 1, 2026

Frequency

Monthly

IGD Dividend Safety Score

63/ 100
Grade C

Borderline

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage79% of earnings paid out
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 IGD a good dividend stock?

Yes, with caveats

Voya Global Equity Dividend and Premium Opportunity Fund (IGD) pays a monthly dividend yielding 9.68% ($0.60/yr), with 5 years 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 2020
    • Very high yield can signal elevated risk

    Key Data

    Dividend Yield
    9.68%
    Payout Ratio
    79%
    Annual Dividend
    $0.60
    5-Yr Avg Growth
    4.6%
    Ex-Dividend Date
    Jun 1, 2026
    Years of Growth
    5
    Frequency
    monthly
    Beta
    0.52
    Market Cap
    $489.0M
    P/E Ratio
    8.2
    5-Yr Total Return
    4%
    52-Week Range
    $5.58 – $6.41
    Dividend Safety
    C · 63/100
    Ever Cut?
    Yes (2020)
    IGD ex-dividend date & scheduleNext ex-date Jun 1, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.60 / yr per share

    Per payment (monthly)$5.00
    Annual$60.00
    Monthly avg$5.00