Capital Group Municipal Income ETF (NYSEARCA:CGMU) Announces Dividend Increase – $0.08 Per Share

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a dividend on Thursday, March 27th, NASDAQ Dividends reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.0775 per share on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 28th. This is a 23.8% increase from Capital Group Municipal Income ETF’s previous dividend of $0.06.

Capital Group Municipal Income ETF Trading Up 0.0 %

CGMU traded up $0.01 on Friday, reaching $26.76. The company’s stock had a trading volume of 830,009 shares, compared to its average volume of 566,286. Capital Group Municipal Income ETF has a 1 year low of $26.56 and a 1 year high of $27.54. The business’s 50 day moving average is $27.07 and its 200 day moving average is $27.15.

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.