Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Declares Quarterly Dividend of $0.16

Capital Group Dividend Growers ETF (NYSEARCA:CGDG) declared a quarterly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.1611 per share on Thursday, October 1st. This represents a $0.64 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 58.3% decrease from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.3865.

Capital Group Dividend Growers ETF Price Performance

NYSEARCA:CGDG opened at $37.47 on Wednesday. The company’s 50-day moving average is $38.41 and its two-hundred day moving average is $37.54. Capital Group Dividend Growers ETF has a 1-year low of $34.04 and a 1-year high of $39.15. The firm has a market capitalization of $5.64 billion, a price-to-earnings ratio of 20.18 and a beta of 0.48.

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.