JPMorgan Municipal ETF (BATS:JMUB) Increases Dividend to $0.14 Per Share

JPMorgan Municipal ETF (BATS:JMUB) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 3rd will be given a dividend of 0.1429 per share on Wednesday, March 5th. The ex-dividend date is Monday, March 3rd. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.13.

JPMorgan Municipal ETF Stock Up 1.9 %

JMUB traded up $0.96 on Friday, reaching $50.76. 856,850 shares of the stock were exchanged. The firm’s fifty day moving average is $50.27 and its 200-day moving average is $50.63. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 10.19 and a beta of 0.08.

About JPMorgan Municipal ETF

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.