Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) to Issue Dividend Increase – $0.09 Per Share

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) announced a dividend on Thursday, March 27th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be paid a dividend of 0.0942 per share on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 28th. This is a 19.2% increase from Capital Group Ultra Short Income ETF’s previous dividend of $0.08.

Capital Group Ultra Short Income ETF Stock Performance

Shares of CGUI stock traded down $0.08 during trading hours on Friday, reaching $25.19. 14,919 shares of the company’s stock were exchanged, compared to its average volume of 17,422. The company’s 50 day moving average is $25.21 and its two-hundred day moving average is $25.22. Capital Group Ultra Short Income ETF has a 1 year low of $25.03 and a 1 year high of $25.31.

About Capital Group Ultra Short Income ETF

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.