Texas Capital Government Money Market ETF (NYSEARCA:MMKT) to Issue Dividend Increase – $0.09 Per Share

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, January 22nd. Investors of record on Friday, January 23rd will be given a dividend of 0.0901 per share on Monday, January 26th. This represents a yield of 468.0%. The ex-dividend date is Friday, January 23rd. This is a 35.3% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.07.

Texas Capital Government Money Market ETF Price Performance

NYSEARCA:MMKT traded down $0.09 during trading hours on Friday, hitting $100.21. 1,965 shares of the company traded hands, compared to its average volume of 14,278. The firm’s 50-day simple moving average is $100.24 and its 200-day simple moving average is $100.24. Texas Capital Government Money Market ETF has a one year low of $99.82 and a one year high of $100.60.

Texas Capital Government Money Market ETF Company Profile

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.