Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Increases Dividend to $0.09 Per Share

Capital Group Core Plus Income ETF (NYSEARCA:CGCP) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.0925 per share on Wednesday, September 30th. This represents a $1.11 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 6.6% increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868.

Capital Group Core Plus Income ETF Trading Down 0.5%

Shares of NYSEARCA:CGCP opened at $21.32 on Tuesday. The firm has a market cap of $8.37 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 1 year low of $21.27 and a 1 year high of $23.00. The business has a fifty day simple moving average of $21.89 and a 200 day simple moving average of $22.19.

Capital Group Core Plus Income ETF Company Profile

The Capital Group Core Plus Income ETF (CGCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in bonds and other debt securities issued by corporate and government entities from around the globe, with no limitations regarding credit ratings and maturities. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.