Capital Group Dividend Growers ETF (CGDG) to Issue Quarterly Dividend of $0.18 on December 29th

Capital Group Dividend Growers ETF (NYSEARCA:CGDG) announced a quarterly dividend on Wednesday, December 24th. Investors of record on Friday, December 26th will be paid a dividend of 0.1841 per share on Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, December 26th. This is a 23.6% increase from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15.

Capital Group Dividend Growers ETF Price Performance

CGDG opened at $36.04 on Friday. The firm has a 50 day simple moving average of $35.27 and a 200 day simple moving average of $34.44. Capital Group Dividend Growers ETF has a fifty-two week low of $27.62 and a fifty-two week high of $36.07. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56.

About Capital Group Dividend Growers ETF

The Capital Group Dividend Growers ETF (CGDG) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects dividend-paying companies globally that are attractively valued and believed to provide dividend growth. It employs a multi-manager approach to portfolio management. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.