Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Announces Dividend Increase – $0.07 Per Share

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, January 15th. Investors of record on Friday, January 16th will be paid a dividend of 0.0666 per share on Tuesday, January 20th. This represents a yield of 345.0%. The ex-dividend date of this dividend is Friday, January 16th. This is a 116.2% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.03.

Texas Capital Government Money Market ETF Trading Up 0.0%

Texas Capital Government Money Market ETF stock opened at $100.29 on Friday. Texas Capital Government Money Market ETF has a 1-year low of $99.82 and a 1-year high of $100.60. The firm has a 50 day simple moving average of $100.24 and a 200 day simple moving average of $100.24.

Texas Capital Government Money Market ETF Company Profile

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.