The Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend of $0.0625 per share on November 26, 2023. The dividend will be distributed to investors of record on November 28, 2023, with payments scheduled for December 1, 2023. This dividend yield is reported at an impressive 324.0%.
Investors should note that the ex-dividend date is set for November 28, 2023. This allows potential buyers to understand when they will no longer be eligible for the upcoming dividend payment.
Market Performance Overview
On the trading floor, shares of the Texas Capital Government Money Market ETF opened at $100.27 on Thursday. The fund has demonstrated consistent stability, with a fifty-day moving average of $100.24 and a two-hundred-day moving average of $100.23. Over the past year, the ETF has fluctuated, recording a low of $99.82 and a high of $100.60.
The Texas Capital Government Money Market ETF is designed to offer investors a safe and accessible means of participating in government securities. Through its strategic management, the fund aims to deliver competitive returns while maintaining liquidity.
For investors seeking to stay updated on the Texas Capital Government Money Market ETF, MarketBeat.com provides a free daily email newsletter summarizing the latest news and analyst ratings related to the ETF and similar financial instruments.
As the fund continues to operate within a stable environment, these dividends reflect its commitment to delivering value to shareholders. Investors should remain aware of the forthcoming dividend distribution as they evaluate their portfolios.
