Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Declares Dividend Increase – $0.18 Per Share

Capital Group Dividend Growers ETF (NYSEARCA:CGDG) declared a quarterly dividend on Wednesday, December 24th. Stockholders of record on Friday, December 26th will be given a dividend of 0.1841 per share on Monday, December 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, December 26th. This is a 23.6% increase from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15.

Capital Group Dividend Growers ETF Price Performance

NYSEARCA CGDG opened at $36.04 on Friday. Capital Group Dividend Growers ETF has a 1-year low of $27.62 and a 1-year high of $36.07. The firm has a market capitalization of $3.71 billion, a P/E ratio of 20.18 and a beta of 0.56. The business’s 50-day simple moving average is $35.27 and its 200-day simple moving average is $34.44.

Capital Group Dividend Growers ETF Company Profile

The Capital Group Dividend Growers ETF (CGDG) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects dividend-paying companies globally that are attractively valued and believed to provide dividend growth. It employs a multi-manager approach to portfolio management. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.