SmarterDividends
IHD

Voya Emerging Markets High Dividend Equity Fund

IHD

Financial Services · Asset Management · Stock · monthly payer

$7.41

Undervalued · +80% Add to Portfolio

Forward Yield

8.91%

Annual Dividend

$0.66

Payout Ratio

27%

5-Yr Growth

-21.1%

Ex-Date

Oct 1, 2026

Frequency

Monthly

Key facts about IHD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Voya Emerging Markets High Dividend Equity Fund (IHD) has a forward dividend yield of 8.91%, based on an annual dividend of $0.66 per share and a share price of $7.41.
  • As of Oct 18, 2026, IHD's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
  • IHD last cut its regular dividend in 2024.
  • IHD's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.0550 per share.
  • As of Oct 18, 2026, IHD pays out 27% of its trailing 12-month earnings as dividends (its payout ratio).
  • IHD's dividend has shrunk at an average rate of 21.1% a year over the past five years.
  • As of Oct 18, 2026, IHD's 8.91% yield is 20% below its five-year average yield of 11.07%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for IHD is $13.35 per share, 80% above the $7.41 share price, so IHD screens as undervalued.
  • Voya Emerging Markets High Dividend Equity Fund (IHD) pays its dividend monthly, 12 times a year.
  • Voya Emerging Markets High Dividend Equity Fund (IHD) has raised its regular dividend 0 times and cut it 7 times across the 82 payments on record since 2011. Its most recent change was a 59.3% cut to $0.0550 per share, going ex-dividend on May 1, 2024.
Cite this page

SmarterDividends, "IHD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/IHD

Summary

As of Oct 18, 2026, Voya Emerging Markets High Dividend Equity Fund (IHD) yields 8.91% ($0.66 a year per share) and has a dividend safety grade of C (65/100).

Is IHD a good dividend stock?

Yes, with caveats

Voya Emerging Markets High Dividend Equity Fund (IHD) pays a monthly dividend yielding 8.91% ($0.66/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (27%)

Risks

  • Cut its dividend in 2024
  • Dividend has been shrinking, not growing
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.91%
Payout Ratio
27%
Annual Dividend
$0.66
5-Yr Avg Growth
-21.1%
Ex-Dividend Date
Oct 1, 2026
Years of Growth
0
Frequency
monthly
Beta
—
Market Cap
$131.4M
P/E Ratio
3.0
5-Yr Total Return
3%
52-Week Range
$5.93 – $8.14
Dividend Safety
C · 65/100
Ever Cut?
Yes (2024)

IHD dividend raises and cuts

Voya Emerging Markets High Dividend Equity Fund (IHD) has raised its regular dividend 0 times and cut it 7 times across the 82 payments on record since 2011. Its most recent change was a 59.3% cut to $0.0550 per share, going ex-dividend on May 1, 2024.

Ex-dateChangeOld → newMove
May 1, 2024Cut$0.135 → $0.0550−59.3%
Apr 3, 2023Cut$0.180 → $0.135−25.0%
Oct 1, 2019Cut$0.185 → $0.180−2.7%
Dec 28, 2016Cut$0.230 → $0.185−19.6%
Oct 1, 2015Cut$0.288 → $0.230−20.1%
Oct 1, 2013Cut$0.360 → $0.288−20.0%
Oct 1, 2012Cut$0.400 → $0.360−10.0%
Every IHD payment →Download every raise and cut (CSV)
IHD ex-dividend date & scheduleNext ex-date Oct 1, 2026 · full ex-dividend historyView →IHD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is IHD a good dividend stock?

Yes, with caveats. Voya Emerging Markets High Dividend Equity Fund (IHD) pays a monthly dividend yielding 8.91% ($0.66/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is IHD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, IHD's fair value is about $13.35 versus a $7.41 share price — so it looks undervalued (+80% vs. fair value).

Is IHD's dividend safe?

IHD has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is IHD's fair value?

Our blended fair-value estimate for IHD is about $13.35 per share, roughly 80% above the current $7.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is IHD a buy, hold, or sell?

We don't issue formal ratings, but on the data IHD screens as "yes, with caveats" and undervalued. Voya Emerging Markets High Dividend Equity Fund (IHD) pays a monthly dividend yielding 8.91% ($0.66/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will IHD cut its dividend?

IHD earns a dividend-safety grade of C (65/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does IHD pay a dividend?

Yes. Voya Emerging Markets High Dividend Equity Fund pays a monthly dividend of about $0.66 per share annually, a forward yield of roughly 8.91%.

What is IHD's dividend yield?

As of Oct 18, 2026, IHD's forward dividend yield is 8.91%, based on a $0.66 annual dividend and a $7.41 share price.

What is IHD's dividend per share?

As of Oct 18, 2026, IHD pays $0.66 per share per year, distributed on a monthly basis.

What is IHD's dividend payout ratio?

As of Oct 18, 2026, IHD's payout ratio is 27% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has IHD grown its dividend?

IHD does not currently have a long dividend-growth streak on record.

When is the next IHD ex-dividend date?

As of Oct 18, 2026, IHD's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.0550 per share.

Income Calculator

At $0.66 / yr per share

Per payment (monthly)$5.50
Annual$66.00
Monthly avg$5.50

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