Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) Declares Dividend Increase – $0.08 Per Share

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) declared a monthly dividend on Thursday, February 26th. Stockholders of record on Friday, February 27th will be given a dividend of 0.0799 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, February 27th. This is a 19.6% increase from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.07.

Capital Group Ultra Short Income ETF Stock Down 0.3%

Capital Group Ultra Short Income ETF stock traded down $0.08 during trading on Friday, reaching $25.34. 51,765 shares of the company’s stock were exchanged, compared to its average volume of 121,845. Capital Group Ultra Short Income ETF has a 52-week low of $25.16 and a 52-week high of $25.41. The company’s 50-day moving average is $25.36 and its two-hundred day moving average is $25.33.

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.