JPMorgan Municipal ETF (BATS:JMUB) Announces Dividend Increase – $0.14 Per Share

JPMorgan Municipal ETF (BATS:JMUB) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.1429 per share on Wednesday, March 5th. The ex-dividend date is Monday, March 3rd. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.13.

JPMorgan Municipal ETF Trading Up 1.9 %

Shares of JMUB traded up $0.96 during mid-day trading on Friday, reaching $50.76. The company’s stock had a trading volume of 856,850 shares. The stock has a market cap of $1.41 billion, a PE ratio of 10.19 and a beta of 0.08. The business’s fifty day moving average price is $50.27 and its 200-day moving average price is $50.63.

About JPMorgan Municipal ETF

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.