Texas Capital Government Money Market ETF (MMKT) to Issue Dividend of $0.07 on January 20th

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) declared a dividend on Thursday, January 15th. Shareholders of record on Friday, January 16th will be paid a dividend of 0.0666 per share on Tuesday, January 20th. This represents a dividend yield of 345.0%. The ex-dividend date is Friday, January 16th. This is a 116.2% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.03.

Texas Capital Government Money Market ETF Trading Down 0.0%

MMKT stock opened at $100.25 on Friday. The firm has a 50 day moving average price of $100.24 and a 200-day moving average price of $100.24. Texas Capital Government Money Market ETF has a 52-week low of $99.82 and a 52-week high of $100.60.

About Texas Capital Government Money Market ETF

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.