Capital Group Municipal Income ETF (CGMU) to Issue Monthly Dividend of $0.09 on December 26th

Capital Group Municipal Income ETF (NYSEARCA:CGMU) announced a monthly dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 0.0872 per share on Friday, December 26th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Wednesday, December 24th. This is a 26.6% increase from Capital Group Municipal Income ETF’s previous monthly dividend of $0.07.

Capital Group Municipal Income ETF Price Performance

Shares of NYSEARCA CGMU opened at $27.35 on Thursday. The stock has a 50 day moving average price of $27.41 and a 200 day moving average price of $27.07. Capital Group Municipal Income ETF has a 52 week low of $25.83 and a 52 week high of $27.56.

Capital Group Municipal Income ETF Company Profile

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.