Capital Group Municipal Income ETF (NYSEARCA:CGMU) Increases Dividend to $0.08 Per Share

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.0773 per share on Wednesday, September 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 10.1% increase from Capital Group Municipal Income ETF’s previous monthly dividend of $0.0702.

Capital Group Municipal Income ETF Stock Down 0.4%

Shares of CGMU opened at $25.95 on Tuesday. Capital Group Municipal Income ETF has a fifty-two week low of $25.89 and a fifty-two week high of $27.93. The firm’s 50 day moving average price is $26.87 and its 200 day moving average price is $27.19.

About Capital Group Municipal Income ETF

The Capital Group Municipal Income ETF (CGMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds of varying maturities, exempt from regular federal income tax. CGMU was launched on Oct 25, 2022 and is managed by Capital Group.