Voya Infrastructure, Industrials and Materials Fund
IDEFinancial Services · Stock · monthly payer
Forward Yield
8.97%
Annual Dividend
$1.20
Payout Ratio
29%
5-Yr Growth
-15.3%
Ex-Date
Aug 3, 2026
Frequency
Monthly
Summary
As of July 2026, Voya Infrastructure, Industrials and Materials Fund (IDE) yields 8.97% ($1.20 per share annually), with a blended fair-value estimate of $22.77 — +69% upside, so it screens as undervalued. Dividend safety grade: C (65/100).
Is IDE a good dividend stock?
Yes, with caveatsVoya Infrastructure, Industrials and Materials Fund (IDE) pays a monthly dividend yielding 8.97% ($1.20/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 (29%)
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.97%
- Payout Ratio
- 29%
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- -15.3%
- Ex-Dividend Date
- Aug 3, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $203.7M
- P/E Ratio
- 3.2
- 5-Yr Total Return
- 4%
- 52-Week Range
- $11.36 – $14.30
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
IDE Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+35%
5 Years
+4%
52-Week Range
$11.36 – $14.30
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IDE worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Voya Infrastructure, Industrials and Materials Fund is $22.77 per share, versus a market price of $13.44. That implies 69% of upside — a margin of safety of about 41%.
Fair Value
$22.77
Current Price
$13.44
Upside
+69%
Margin of Safety
41%
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, $4.14 EPS, $1.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IDE Dividend Safety Score
Borderline
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 |
|---|---|---|---|
| Jul 1, 2026 | — | $0.1000 | regular |
| Jun 1, 2026 | — | $0.1000 | regular |
| May 1, 2026 | — | $0.1000 | regular |
| Apr 1, 2026 | — | $0.1000 | regular |
| Mar 2, 2026 | — | $0.1000 | regular |
| Feb 2, 2026 | — | $0.1000 | regular |
| Dec 30, 2025 | — | $0.1000 | regular |
| Dec 1, 2025 | — | $0.1000 | regular |
| Nov 3, 2025 | — | $0.1000 | regular |
| Oct 1, 2025 | — | $0.1000 | regular |
| Sep 2, 2025 | — | $0.1000 | regular |
| Aug 1, 2025 | — | $0.1000 | regular |
| Jul 1, 2025 | — | $0.1000 | regular |
| Jun 2, 2025 | — | $0.1000 | regular |
Income Calculator
At $1.20 / yr per share
