Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) Increases Dividend to $0.09 Per Share

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) declared a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.0863 per share on Wednesday, September 30th. This represents a $1.04 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 4.2% increase from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.0828.

Capital Group Ultra Short Income ETF Stock Down 0.4%

Shares of CGUI stock traded down $0.10 during mid-day trading on Tuesday, reaching $25.16. 95,398 shares of the company were exchanged, compared to its average volume of 129,903. Capital Group Ultra Short Income ETF has a fifty-two week low of $25.14 and a fifty-two week high of $25.67. The business’s 50 day simple moving average is $25.31 and its 200 day simple moving average is $25.32.

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.