Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Announces Dividend Increase – $0.09 Per Share

Capital Group Core Plus Income ETF (NYSEARCA:CGCP) announced a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.0925 per share on Wednesday, September 30th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 6.6% increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868.

Capital Group Core Plus Income ETF Stock Down 0.5%

Shares of Capital Group Core Plus Income ETF stock opened at $21.32 on Tuesday. The stock has a market cap of $8.37 billion, a PE ratio of 10.69 and a beta of 0.32. The business has a fifty day simple moving average of $21.89 and a 200-day simple moving average of $22.19. Capital Group Core Plus Income ETF has a 12 month low of $21.27 and a 12 month high of $23.00.

Capital Group Core Plus Income ETF Company Profile

The Capital Group Core Plus Income ETF (CGCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in bonds and other debt securities issued by corporate and government entities from around the globe, with no limitations regarding credit ratings and maturities. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.