Texas Capital Government Money Market ETF (NYSE:MMKT) Plans Dividend of $0.08

Texas Capital Government Money Market ETF (NYSE:MMKT) announced a dividend on Thursday, September 24th. Stockholders of record on Friday, September 25th will be given a dividend of $0.0781 per share on Monday, September 28th. This represents a dividend yield of 406.0%. The ex-dividend date is Friday, September 25th. This is a 14.3% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.0683.

Texas Capital Government Money Market ETF Stock Performance

Shares of MMKT stock traded down $0.07 during midday trading on Friday, hitting $100.14. 2,935 shares of the company were exchanged, compared to its average volume of 9,786. The firm’s 50 day moving average price is $100.21 and its two-hundred day moving average price is $100.22. Texas Capital Government Money Market ETF has a 52 week low of $99.84 and a 52 week high of $100.32.

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.