Capital Group Municipal Income ETF (NYSEARCA:CGMU) Plans Dividend of $0.07

Capital Group Municipal Income ETF (NYSEARCA:CGMU) announced a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Stockholders 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 an increase from Capital Group Municipal Income ETF’s previous dividend of $0.07.

Capital Group Municipal Income ETF Stock Performance

NYSEARCA:CGMU traded down $0.01 during trading hours on Friday, hitting $27.28. The company’s stock had a trading volume of 151,807 shares, compared to its average volume of 487,350. The stock 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 52-week low of $26.50 and a 52-week 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.