Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) Announces Dividend Increase – $0.08 Per Share

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) announced a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be paid a dividend of 0.0799 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, February 27th. This is a 19.6% increase from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.07.

Capital Group Ultra Short Income ETF Price Performance

Shares of CGUI stock traded down $0.08 during trading hours on Friday, hitting $25.34. The stock had a trading volume of 51,765 shares, compared to its average volume of 121,845. The stock’s 50 day moving average is $25.36 and its 200 day moving average is $25.33. Capital Group Ultra Short Income ETF has a twelve month low of $25.16 and a twelve month high of $25.41.

Capital Group Ultra Short Income ETF Company Profile

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.