Capital Group Dividend Value ETF (NYSEARCA:CGDV – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $45.56 and last traded at $45.51, with a volume of 703921 shares trading hands. The stock had previously closed at $45.47.
Capital Group Dividend Value ETF Stock Performance
The stock’s 50 day simple moving average is $44.11 and its 200 day simple moving average is $42.69. The firm has a market capitalization of $29.19 billion, a P/E ratio of 26.59 and a beta of 0.89.
Capital Group Dividend Value ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a dividend of $0.1928 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, December 26th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.
Institutional Trading of Capital Group Dividend Value ETF
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.
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