Capital Group Municipal Income ETF (NYSEARCA:CGMU) Plans Dividend Increase – $0.08 Per Share

Capital Group Municipal Income ETF (NYSEARCA:CGMU) declared a dividend on Thursday, March 27th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be given a dividend of 0.0775 per share on Monday, March 31st. The ex-dividend date is Friday, March 28th. This is a 23.8% increase from Capital Group Municipal Income ETF’s previous dividend of $0.06.

Capital Group Municipal Income ETF Trading Up 0.0 %

Capital Group Municipal Income ETF stock opened at $26.76 on Friday. Capital Group Municipal Income ETF has a 52-week low of $26.56 and a 52-week high of $27.54. The stock has a fifty day moving average price of $27.06 and a two-hundred day moving average price of $27.14.

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.