Capital Group Municipal Income ETF (NYSEARCA:CGMU) to Issue Dividend of $0.07

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.0674 per share on Monday, December 2nd. The ex-dividend date is Friday, November 29th. This is a boost from Capital Group Municipal Income ETF’s previous dividend of $0.07.

Capital Group Municipal Income ETF Stock Up 0.2 %

Shares of CGMU stock traded up $0.06 during trading on Friday, reaching $27.28. 151,807 shares of the company’s stock were exchanged, compared to its average volume of 487,350. Capital Group Municipal Income ETF has a twelve month low of $26.50 and a twelve month high of $27.54. The firm’s fifty day moving average price is $27.25 and its 200-day moving average price is $27.14.

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.