Voya Asia Pacific High Dividend Equity Income Fund
IAEFinancial Services · Stock · monthly payer
Forward Yield
8.80%
Annual Dividend
$0.78
Payout Ratio
30%
5-Yr Growth
-21.3%
Ex-Date
Jul 1, 2026
Frequency
Monthly
Summary
As of June 2026, Voya Asia Pacific High Dividend Equity Income Fund (IAE) yields 8.80% ($0.78 per share annually), with a blended fair-value estimate of $14.41 — +62% upside, so it screens as undervalued. Dividend safety grade: B (66/100).
Is IAE a good dividend stock?
Yes, with caveatsVoya Asia Pacific High Dividend Equity Income Fund (IAE) pays a monthly dividend yielding 8.80% ($0.78/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (30%)
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.80%
- Payout Ratio
- 30%
- Annual Dividend
- $0.78
- 5-Yr Avg Growth
- -21.3%
- Ex-Dividend Date
- Jul 1, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $95.2M
- P/E Ratio
- 3.4
- 5-Yr Total Return
- 1%
- 52-Week Range
- $6.65 – $9.27
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
IAE Price — Last 12 Months
Daily close
Price Return
1 Year
+24%
3 Years
+40%
5 Years
+1%
52-Week Range
$6.65 – $9.27
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IAE worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Voya Asia Pacific High Dividend Equity Income Fund is $14.41 per share, versus a market price of $8.89. That implies 62% of upside — a margin of safety of about 38%.
Fair Value
$14.41
Current Price
$8.89
Upside
+62%
Margin of Safety
38%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.58 EPS, $0.78 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IAE Dividend Safety Score
Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.0650 | regular |
| May 1, 2026 | — | $0.0650 | regular |
| Apr 1, 2026 | — | $0.0650 | regular |
| Mar 2, 2026 | — | $0.0650 | regular |
| Feb 2, 2026 | — | $0.0650 | regular |
| Dec 30, 2025 | — | $0.0650 | regular |
| Dec 1, 2025 | — | $0.0650 | regular |
| Nov 3, 2025 | — | $0.0650 | regular |
| Oct 1, 2025 | — | $0.0650 | regular |
| Sep 2, 2025 | — | $0.0650 | regular |
| Aug 1, 2025 | — | $0.0650 | regular |
| Jul 1, 2025 | — | $0.0650 | regular |
| Jun 2, 2025 | — | $0.0650 | regular |
| May 1, 2025 | — | $0.0650 | regular |
Income Calculator
At $0.78 / yr per share
