Capital Group Core Balanced ETF (NYSEARCA:CGBL) Announces Quarterly Dividend of $0.21

Capital Group Core Balanced ETF (NYSEARCA:CGBL) announced a quarterly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.2056 per share on Thursday, October 1st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 30th. This is a 25.8% increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634.

Capital Group Core Balanced ETF Trading Up 0.1%

CGBL opened at $37.17 on Wednesday. Capital Group Core Balanced ETF has a 1 year low of $33.67 and a 1 year high of $38.68. The stock has a fifty day moving average price of $37.80 and a 200 day moving average price of $37.08. The stock has a market cap of $7.66 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69.

About Capital Group Core Balanced ETF

The Capital Group Core Balanced ETF (CGBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that offers a balanced approach to total return and capital preservation. The fund employs an active asset allocation strategy to invest in equities, debts, money market instruments, and cash. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.