Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) Raises Dividend to $0.10 Per Share

Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) announced a monthly dividend on Thursday, February 26th. Shareholders of record on Friday, February 27th will be paid a dividend of 0.0982 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, February 27th. This is a 54.6% increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.06.

Capital Group Municipal High-Income ETF Stock Down 0.3%

NYSEARCA:CGHM traded down $0.08 during mid-day trading on Friday, reaching $25.90. 208,162 shares of the company’s stock traded hands, compared to its average volume of 451,020. Capital Group Municipal High-Income ETF has a 12-month low of $23.45 and a 12-month high of $25.98. The company has a 50 day moving average price of $25.64 and a 200-day moving average price of $25.41.

Capital Group Municipal High-Income ETF Company Profile

The Capital Group Municipal High-Income ETF (CGHM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of tax-exempt current income by actively investing in lower rated, intermediate- to long-term Muni bonds. CGHM was launched on Jun 25, 2024 and is issued by Capital Group.