Capital Group Dividend Value ETF (CGDV) to Distribute Quarterly Dividend of $0.15 on October 1st

Capital Group Dividend Value ETF (NYSEARCA:CGDV) declared a quarterly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.1522 per share on Thursday, October 1st. This represents a $0.61 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 3.5% increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $48.85 on Thursday. Capital Group Dividend Value ETF has a fifty-two week low of $41.24 and a fifty-two week high of $51.63. The company has a 50 day moving average price of $49.86 and a 200 day moving average price of $47.89. The stock has a market capitalization of $38.24 billion, a P/E ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Company Profile

The Capital Group Dividend Value ETF (CGDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in stocks of dividend-paying, large- and mid-cap US companies. The fund seeks to produce income exceeding the average yield on US stocks. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.