Voya Prime Rate Trust (PPR) Declares $0.0260 Monthly Dividend; 5.6% Yield

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PPR - $.0260 February Dividend

March 1, 2017 1:06 PM EST

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Voya Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared 2.60 cents per share monthly dividend on February 28, 2017 for the 28 days of February, payable on March 22, 2017 to shareholders of record on March 10, 2017. This represents the 346th consecutive monthly dividend since the Trusts inception in May 1988.

The following are annualized distribution rate calculations based on the declared dividend for the month, Net Asset Value (NAV) at month-end and the month-end NYSE composite closing price (Market).

Annualized Period-end Distribution Rates     DIVIDEND     NAV     MARKET   February 28, 2017 $ .0260... More