Texas Capital Government Money Market ETF (NYSE:MMKT) Shares to Pay Dividend of $0.07

Texas Capital Government Money Market ETF (NYSE:MMKT) announced a dividend on Thursday, October 1st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.0732 per share on Monday, October 5th. This represents a dividend yield of 380.0%. The ex-dividend date is Friday, October 2nd. This is a 6.3% decrease from Texas Capital Government Money Market ETF’s previous dividend of $0.0781.

Texas Capital Government Money Market ETF Trading Down 0.0%

Shares of Texas Capital Government Money Market ETF stock traded down $0.04 during mid-day trading on Friday, reaching $100.15. 6,119 shares of the stock were exchanged, compared to its average volume of 9,690. Texas Capital Government Money Market ETF has a fifty-two week low of $99.84 and a fifty-two week high of $100.32. The firm has a 50-day simple moving average of $100.21 and a 200 day simple moving average of $100.22.

About Texas Capital Government Money Market ETF

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.