Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Announces Dividend of $0.12

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) declared a dividend on Wednesday, December 24th. Stockholders of record on Friday, December 26th will be given a dividend of 0.1188 per share on Monday, December 29th. This represents a dividend yield of 616.0%. The ex-dividend date of this dividend is Friday, December 26th. This is a 74.7% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.07.

Texas Capital Government Money Market ETF Price Performance

Shares of MMKT opened at $100.25 on Friday. Texas Capital Government Money Market ETF has a 52-week low of $99.82 and a 52-week high of $100.60. The stock has a 50 day moving average price of $100.24 and a 200 day moving average price of $100.23.

Texas Capital Government Money Market ETF Company Profile

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.