Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Increases Dividend to $0.09 Per Share

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) declared a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.0917 per share on Wednesday, September 30th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 29th. This is a 3.3% increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0888.

Capital Group Short Duration Income ETF Stock Performance

Shares of Capital Group Short Duration Income ETF stock traded down $0.10 during trading on Tuesday, reaching $25.25. The company’s stock had a trading volume of 354,018 shares, compared to its average volume of 535,587. The company has a 50-day moving average price of $25.62 and a two-hundred day moving average price of $25.75. Capital Group Short Duration Income ETF has a fifty-two week low of $25.22 and a fifty-two week high of $26.15.

About Capital Group Short Duration Income ETF

The Capital Group Short Duration Income ETF (CGSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that invests in a broad portfolio of investment grade bonds, debts, and money market instruments. The average portfolio duration is expected to be less than two years. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.