Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Announces Dividend of $0.04

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, February 26th. Stockholders of record on Friday, February 27th will be given a dividend of 0.0392 per share on Monday, March 2nd. This represents a dividend yield of 203.0%. The ex-dividend date is Friday, February 27th.

Texas Capital Government Money Market ETF Price Performance

MMKT traded down $0.03 during trading on Friday, reaching $100.25. 10,175 shares of the stock were exchanged, compared to its average volume of 10,994. The stock’s 50 day moving average price is $100.24 and its two-hundred day moving average price is $100.24. Texas Capital Government Money Market ETF has a twelve month low of $99.82 and a twelve month high of $100.60.

About Texas Capital Government Money Market ETF

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.