Capital Group Short Duration Income ETF (NYSEARCA:CGSD) to Issue Dividend Increase – $0.09 Per Share

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) announced a dividend on Thursday, March 27th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be given a dividend of 0.0943 per share on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 28th. This is a 21.2% increase from Capital Group Short Duration Income ETF’s previous dividend of $0.08.

Capital Group Short Duration Income ETF Stock Performance

Shares of NYSEARCA CGSD opened at $25.82 on Friday. The firm has a 50 day moving average price of $25.79 and a two-hundred day moving average price of $25.76. Capital Group Short Duration Income ETF has a 52-week low of $25.21 and a 52-week high of $26.02.

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.