Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Increases Dividend to $0.08 Per Share

Capital Group Core Plus Income ETF (NYSEARCA:CGCP) declared a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be paid a dividend of 0.0845 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, February 27th. This is a 10.2% increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08.

Capital Group Core Plus Income ETF Trading Down 0.2%

NYSEARCA CGCP traded down $0.06 during mid-day trading on Friday, hitting $22.84. The company’s stock had a trading volume of 540,697 shares, compared to its average volume of 1,635,246. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. The company’s 50 day simple moving average is $22.73 and its 200 day simple moving average is $22.74. Capital Group Core Plus Income ETF has a twelve month low of $21.74 and a twelve month high of $23.00.

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.