JPMorgan Municipal ETF (BATS:JMUB) to Issue Dividend Increase – $0.14 Per Share

JPMorgan Municipal ETF (BATS:JMUB) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.1429 per share on Wednesday, March 5th. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.13.

JPMorgan Municipal ETF Price Performance

JMUB traded up $0.96 during midday trading on Friday, hitting $50.76. The company had a trading volume of 856,850 shares. The firm has a fifty day moving average price of $50.27 and a 200-day moving average price of $50.63. The company has a market capitalization of $1.41 billion, a P/E ratio of 10.19 and a beta of 0.08.

About JPMorgan Municipal ETF

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.