JPMorgan Municipal ETF (JMUB) to Issue Dividend of $0.14 on March 5th

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 Trading Up 1.9 %

Shares of BATS:JMUB traded up $0.96 during mid-day trading on Friday, reaching $50.76. 856,850 shares of the stock were exchanged. The company has a market capitalization of $1.41 billion, a P/E ratio of 10.19 and a beta of 0.08. The business’s 50 day moving average price is $50.27 and its 200 day moving average price is $50.63.

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.