Capital Group Municipal Income ETF (NYSEARCA:CGMU) Increases Dividend to $0.07 Per Share

Capital Group Municipal Income ETF (NYSEARCA:CGMU) announced a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Investors 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 positive change from Capital Group Municipal Income ETF’s previous dividend of $0.07.

Capital Group Municipal Income ETF Price Performance

NYSEARCA:CGMU traded up $0.06 during mid-day trading on Friday, reaching $27.28. The company’s stock had a trading volume of 151,807 shares, compared to its average volume of 487,350. The firm’s fifty day moving average price is $27.25 and its two-hundred day moving average price is $27.14. Capital Group Municipal Income ETF has a 12-month low of $26.50 and a 12-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.