Capital Group Core Balanced ETF (NYSEARCA:CGBL) Declares Dividend Increase – $0.21 Per Share

Capital Group Core Balanced ETF (NYSEARCA:CGBL) declared a quarterly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.2056 per share on Thursday, October 1st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 30th. This is a 25.8% increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634.

Capital Group Core Balanced ETF Stock Up 0.1%

Shares of CGBL stock opened at $37.17 on Wednesday. Capital Group Core Balanced ETF has a 12 month low of $33.67 and a 12 month high of $38.68. The company has a market cap of $7.66 billion, a PE ratio of 25.37 and a beta of 0.69. The business’s 50 day moving average is $37.80 and its two-hundred day moving average is $37.08.

About Capital Group Core Balanced ETF

The Capital Group Core Balanced ETF (CGBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that offers a balanced approach to total return and capital preservation. The fund employs an active asset allocation strategy to invest in equities, debts, money market instruments, and cash. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.