Capital Group Municipal Income ETF (NYSEARCA:CGMU) Increases Dividend to $0.08 Per Share

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.0773 per share on Wednesday, September 30th. This represents a $0.93 annualized dividend and a yield of 3.6%. The ex-dividend date is Tuesday, September 29th. This is a 10.1% increase from Capital Group Municipal Income ETF’s previous monthly dividend of $0.0702.

Capital Group Municipal Income ETF Trading Down 0.4%

Shares of Capital Group Municipal Income ETF stock opened at $25.95 on Tuesday. The stock has a 50 day moving average of $26.87 and a 200 day moving average of $27.19. Capital Group Municipal Income ETF has a fifty-two week low of $25.89 and a fifty-two week high of $27.93.

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.