Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shareholders to Collect $0.12 Monthly Dividend

Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) announced a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be given a dividend of $0.1176 per share on Monday, November 2nd. This represents a $1.41 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, October 30th. This is a 16.1% decrease from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.1402.

Capital Group U.S. Multi-Sector Income ETF Stock Performance

Shares of NYSEARCA CGMS traded down $0.12 during trading on Friday, hitting $26.43. The company had a trading volume of 449,308 shares, compared to its average volume of 1,093,230. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $26.09 and a 12 month high of $27.86. The firm has a market capitalization of $5.53 billion, a P/E ratio of 10.71 and a beta of 0.30. The stock has a 50 day simple moving average of $26.67 and a 200 day simple moving average of $27.26.

About Capital Group U.S. Multi-Sector Income ETF

The Capital Group U.S. Multi-Sector Income ETF (CGMS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income from an actively managed fund of US corporate debts with varying maturities and credit quality. CGMS was launched on Oct 25, 2022 and is managed by Capital Group.