Capital Group Short Duration Income ETF (CGSD) to Issue Monthly Dividend of $0.12 on December 26th

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) announced a monthly dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be given a dividend of 0.1208 per share on Friday, December 26th. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Wednesday, December 24th. This is a 47.1% increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.08.

Capital Group Short Duration Income ETF Price Performance

Shares of NYSEARCA CGSD opened at $25.98 on Thursday. Capital Group Short Duration Income ETF has a twelve month low of $25.55 and a twelve month high of $26.14. The firm has a fifty day simple moving average of $26.04 and a 200 day simple moving average of $25.99.

Capital Group Short Duration Income ETF Company Profile

The Capital Group Short Duration Income ETF (CGSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that invests in a broad portfolio of investment grade bonds, debts, and money market instruments. The average portfolio duration is expected to be less than two years. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.