Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Announces $0.07 Dividend

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, January 29th. Stockholders of record on Friday, January 30th will be paid a dividend of 0.0665 per share on Monday, February 2nd. This represents a dividend yield of 345.0%. The ex-dividend date is Friday, January 30th.

Texas Capital Government Money Market ETF Price Performance

NYSEARCA:MMKT opened at $100.21 on Friday. Texas Capital Government Money Market ETF has a fifty-two week low of $99.82 and a fifty-two week high of $100.60. The business has a 50 day moving average price of $100.24 and a 200-day moving average price of $100.24.

About Texas Capital Government Money Market ETF

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.