Capital Group Core Bond ETF (NYSEARCA:CGCB) Increases Dividend to $0.09 Per Share

Capital Group Core Bond ETF (NYSEARCA:CGCB) announced a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be paid a dividend of 0.086 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, February 27th. This is a 24.6% increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.07.

Capital Group Core Bond ETF Price Performance

CGCB stock traded down $0.03 during trading on Friday, hitting $26.87. 513,539 shares of the company’s stock were exchanged, compared to its average volume of 1,243,171. The business has a 50-day moving average price of $26.62 and a two-hundred day moving average price of $26.61. Capital Group Core Bond ETF has a 52-week low of $25.57 and a 52-week high of $26.91.

Capital Group Core Bond ETF Company Profile

The Capital Group Core Bond ETF (CGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in US and non-US bonds rated as investment grade. Holdings may also include other debt securities and derivatives. CGCB was launched on Sep 26, 2023 and is issued by Capital Group.