Texas Capital Government Money Market ETF (MMKT) to Issue Dividend of $0.03 on January 12th

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, January 8th. Shareholders of record on Friday, January 9th will be given a dividend of 0.0308 per share on Monday, January 12th. This represents a yield of 160.0%. The ex-dividend date is Friday, January 9th. This is a 5.1% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.03.

Texas Capital Government Money Market ETF Price Performance

Shares of MMKT opened at $100.24 on Friday. The firm has a fifty day moving average of $100.24 and a 200-day moving average of $100.24. Texas Capital Government Money Market ETF has a 1 year low of $99.82 and a 1 year high of $100.60.

Texas Capital Government Money Market ETF Company Profile

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.