Capital Group Municipal Income ETF (NYSEARCA:CGMU) Announces Dividend Increase – $0.07 Per Share

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a dividend on Thursday, September 26th, NASDAQ reports. Investors of record on Friday, September 27th will be given a dividend of 0.0672 per share on Monday, September 30th. The ex-dividend date is Friday, September 27th. This is a positive change from Capital Group Municipal Income ETF’s previous dividend of $0.05.

Capital Group Municipal Income ETF Trading Up 0.3 %

Capital Group Municipal Income ETF stock traded up $0.07 during trading hours on Friday, reaching $27.47. 302,612 shares of the stock were exchanged, compared to its average volume of 506,182. The stock has a 50 day moving average of $27.32 and a two-hundred day moving average of $27.04. Capital Group Municipal Income ETF has a twelve month low of $25.32 and a twelve month high of $27.54.

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.