Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Get Free Report) announced a monthly dividend on Thursday, October 29th. Investors of record on Friday, October 30th will be paid a dividend of $0.1176 per share on Monday, November 2nd. This represents a $1.41 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, October 30th. This is a 16.1% decrease from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.1402.
Capital Group U.S. Multi-Sector Income ETF Stock Down 0.5%
Shares of NYSEARCA CGMS traded down $0.14 during midday trading on Friday, reaching $26.41. The company had a trading volume of 562,657 shares, compared to its average volume of 1,093,313. The stock has a market cap of $5.53 billion, a PE ratio of 10.71 and a beta of 0.30. The firm’s fifty day moving average price is $26.67 and its 200-day moving average price is $27.26. Capital Group U.S. Multi-Sector Income ETF has a one year low of $26.09 and a one year high of $27.86.
About Capital Group U.S. Multi-Sector Income ETF
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.
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