Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Announces Dividend of $0.14

Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) declared a dividend on Thursday, March 27th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be given a dividend of 0.1376 per share on Monday, March 31st. The ex-dividend date is Friday, March 28th. This is a 26.4% increase from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11.

Capital Group U.S. Multi-Sector Income ETF Stock Down 0.4 %

CGMS traded down $0.10 on Friday, reaching $27.30. The company had a trading volume of 498,917 shares, compared to its average volume of 544,009. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.49 and a 1 year high of $28.00. The stock has a market capitalization of $2.49 billion, a PE ratio of 10.88 and a beta of 0.38. The stock has a 50-day moving average price of $27.50 and a 200-day moving average price of $27.53.

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.