Capital Group Municipal Income ETF (NYSEARCA:CGMU) Plans $0.06 Dividend

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a dividend on Thursday, January 30th,NASDAQ Dividends reports. Investors of record on Friday, January 31st will be given a dividend of 0.0626 per share on Monday, February 3rd. The ex-dividend date is Friday, January 31st.

Capital Group Municipal Income ETF Stock Performance

Shares of NYSEARCA:CGMU traded down $0.02 during midday trading on Friday, hitting $27.05. 421,482 shares of the company’s stock traded hands, compared to its average volume of 518,709. The firm’s fifty day moving average price is $27.06 and its two-hundred day moving average price is $27.19. Capital Group Municipal Income ETF has a twelve month low of $26.56 and a twelve month high of $27.54.

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.