Capital Group Dividend Value ETF (CGDV) to Issue Quarterly Dividend of $0.19 on December 29th

Capital Group Dividend Value ETF (NYSEARCA:CGDV) declared a quarterly dividend on Wednesday, December 24th. Stockholders of record on Friday, December 26th will be paid a dividend of 0.1928 per share on Monday, December 29th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, December 26th. This is a 41.9% increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $44.22 on Friday. The stock has a fifty day moving average of $43.10 and a 200-day moving average of $41.60. The stock has a market capitalization of $24.95 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $44.26.

About Capital Group Dividend Value ETF

The Capital Group Dividend Value ETF (CGDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in stocks of dividend-paying, large- and mid-cap US companies. The fund seeks to produce income exceeding the average yield on US stocks. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.