Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Raises Dividend to $0.13 Per Share

Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) declared a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.127 per share on Monday, December 2nd. The ex-dividend date is Friday, November 29th. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11.

Capital Group U.S. Multi-Sector Income ETF Price Performance

Shares of Capital Group U.S. Multi-Sector Income ETF stock traded up $0.12 during midday trading on Friday, hitting $27.63. 267,866 shares of the company were exchanged, compared to its average volume of 403,575. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.20 and a 52 week high of $28.00. The firm has a 50 day simple moving average of $27.61 and a 200-day simple moving average of $27.41.

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.