Capital Group U.S. Multi-Sector Income ETF to Issue Monthly Dividend of $0.11 (NYSEARCA:CGMS)

Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) declared a monthly dividend on Thursday, January 29th. Stockholders of record on Friday, January 30th will be paid a dividend of 0.1114 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Friday, January 30th.

Capital Group U.S. Multi-Sector Income ETF Stock Down 0.5%

Shares of CGMS traded down $0.14 during trading hours on Friday, reaching $27.64. The stock had a trading volume of 173,097 shares, compared to its average volume of 1,028,420. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.08 and a 52 week high of $28.08. The firm has a 50-day moving average of $27.71 and a 200 day moving average of $27.73. The company has a market cap of $4.13 billion, a P/E ratio of 10.71 and a beta of 0.34.

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

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.