Fidelity Metaverse ETF (NASDAQ:FMET) Increases Dividend to $0.07 Per Share

Fidelity Metaverse ETF (NASDAQ:FMET) declared a quarterly dividend on Thursday, June 18th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be paid a dividend of 0.067 per share on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 18th. This is a 19.6% increase from Fidelity Metaverse ETF’s previous quarterly dividend of $0.06.

Fidelity Metaverse ETF Price Performance

FMET traded up $0.85 during trading hours on Thursday, reaching $37.61. 2,787 shares of the stock traded hands, compared to its average volume of 4,705. The firm’s fifty day simple moving average is $36.87 and its two-hundred day simple moving average is $35.35. The company has a market cap of $48.89 million, a price-to-earnings ratio of 23.47 and a beta of 1.19. Fidelity Metaverse ETF has a fifty-two week low of $30.14 and a fifty-two week high of $40.25.

About Fidelity Metaverse ETF

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.