Fidelity Metaverse ETF (NASDAQ:FMET) Raises Dividend to $0.06 Per Share

Fidelity Metaverse ETF (NASDAQ:FMET) announced a quarterly dividend on Friday, March 20th, NASDAQ Dividends reports. Investors of record on Friday, March 20th will be given a dividend of 0.056 per share on Tuesday, March 24th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, March 20th. This is a 43.6% increase from Fidelity Metaverse ETF’s previous quarterly dividend of $0.04.

Fidelity Metaverse ETF Trading Down 2.7%

FMET traded down $0.88 on Friday, hitting $31.21. 535 shares of the stock traded hands, compared to its average volume of 5,390. The business has a fifty day moving average price of $34.26 and a two-hundred day moving average price of $35.98. The firm has a market capitalization of $43.69 million, a PE ratio of 23.47 and a beta of 1.13. Fidelity Metaverse ETF has a 52 week low of $23.85 and a 52 week high of $39.44.

Fidelity Metaverse ETF Company Profile

The Fidelity Metaverse ETF (FMET) is an exchange-traded fund that is based on the Fidelity Metaverse index. The fund tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse. FMET was launched on Apr 19, 2022 and is managed by Fidelity.