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

Capital Group Municipal Income ETF (NYSEARCA:CGMU) announced a monthly dividend on Thursday, January 29th. Shareholders of record on Friday, January 30th will be given a dividend of 0.0675 per share on Monday, February 2nd. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, January 30th.

Capital Group Municipal Income ETF Stock Down 0.1%

NYSEARCA:CGMU traded down $0.04 during trading hours on Friday, hitting $27.59. The stock had a trading volume of 336,000 shares, compared to its average volume of 974,896. The company has a 50 day simple moving average of $27.45 and a two-hundred day simple moving average of $27.21. Capital Group Municipal Income ETF has a one year low of $25.83 and a one year high of $27.64.

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.