Capital Group Core Bond ETF (NYSEARCA:CGCB) Announces Dividend Increase – $0.12 Per Share

by · The Markets Daily

Capital Group Core Bond ETF (NYSEARCA:CGCBGet Free Report) declared a monthly dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 0.1186 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Wednesday, December 24th. This is a 38.9% increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.09.

Capital Group Core Bond ETF Trading Down 0.4%

CGCB traded down $0.10 during trading hours on Wednesday, hitting $26.50. The company’s stock had a trading volume of 87,602 shares, compared to its average volume of 788,333. The business’s 50-day moving average price is $26.67 and its 200-day moving average price is $26.47. Capital Group Core Bond ETF has a 12 month low of $25.44 and a 12 month high of $26.91.

Capital Group Core Bond ETF Company Profile

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The Capital Group Core Bond ETF (CGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in US and non-US bonds rated as investment grade. Holdings may also include other debt securities and derivatives. CGCB was launched on Sep 26, 2023 and is issued by Capital Group.

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