Capital Group Municipal Income ETF (NYSEARCA:CGMU) Raises Dividend to $0.07 Per Share

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.0674 per share on Monday, December 2nd. The ex-dividend date is Friday, November 29th. This is a positive change from Capital Group Municipal Income ETF’s previous dividend of $0.07.

Capital Group Municipal Income ETF Price Performance

Shares of NYSEARCA CGMU traded up $0.06 during midday trading on Friday, hitting $27.28. 151,807 shares of the company’s stock traded hands, compared to its average volume of 487,350. The firm has a fifty day moving average of $27.25 and a 200 day moving average of $27.14. Capital Group Municipal Income ETF has a 1 year low of $26.50 and a 1 year high of $27.54.

About Capital Group Municipal Income ETF

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.