Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Increases Dividend to $0.10 Per Share

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) announced a monthly dividend on Thursday, October 29th. Investors of record on Friday, October 30th will be paid a dividend of $0.0976 per share on Monday, November 2nd. This represents a $1.17 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Friday, October 30th. This is a 6.4% increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0917.

Capital Group Short Duration Income ETF Price Performance

CGSD stock traded down $0.07 during trading on Friday, reaching $25.41. 198,055 shares of the stock traded hands, compared to its average volume of 562,675. The business’s 50 day moving average price is $25.47 and its 200-day moving average price is $25.76. Capital Group Short Duration Income ETF has a 52-week low of $25.22 and a 52-week high of $26.15.

Capital Group Short Duration Income ETF Company Profile

The Capital Group Short Duration Income ETF (CGSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that invests in a broad portfolio of investment grade bonds, debts, and money market instruments. The average portfolio duration is expected to be less than two years. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.