Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) to Issue Dividend Increase – $0.14 Per Share

Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Get Free Report) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.1402 per share on Wednesday, September 30th. This represents a $1.68 annualized dividend and a yield of 6.4%. The ex-dividend date is Tuesday, September 29th. This is a 8.1% increase from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.1297.

Capital Group U.S. Multi-Sector Income ETF Stock Performance

NYSEARCA:CGMS opened at $26.44 on Tuesday. The company has a fifty day moving average of $27.02 and a two-hundred day moving average of $27.28. The stock has a market capitalization of $5.35 billion, a PE ratio of 10.71 and a beta of 0.29. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.39 and a fifty-two week high of $27.99.

Get Capital Group U.S. Multi-Sector Income ETF alerts:

Capital Group U.S. Multi-Sector Income ETF Company Profile

(Get Free Report)

The Capital Group U.S. Multi-Sector Income ETF (CGMS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income from an actively managed fund of US corporate debts with varying maturities and credit quality. CGMS was launched on Oct 25, 2022 and is managed by Capital Group.

Recommended Stories

• Five stocks we like better than Capital Group U.S. Multi-Sector Income ETF
• 2 Short-Squeeze Candidates Waiting for the Right Catalyst
• MongoDB Stock Drops 17% After CEO Exit—What Investors Should Know
• Bernstein Downgrades 3 Cybersecurity Stocks: How Concerned Should Investors Be?
• Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?

Receive News & Ratings for Capital Group U.S. Multi-Sector Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group U.S. Multi-Sector Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.