Voya Prime Rate Trust (PPR) Declares $0.026 Monthly Dividend; 5.8% Yield

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PPR - $.0260 May Dividend

June 1, 2017 3:57 PM EDT

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 May 31, 2017 for the 31 days of May, payable on June 22, 2017 to shareholders of record on June 12, 2017. This represents the 349th 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   May 31, 2017 $ .0260... More