The Defiance Quantum ETF (NASDAQ:QTUM) Declares Quarterly Dividend of $0.46

The Defiance Quantum ETF (NASDAQ:QTUM) declared a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.4646 per share on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 72.1% increase from Defiance Quantum ETF’s previous quarterly dividend of $0.27.

Defiance Quantum ETF Price Performance

Shares of QTUM traded down $1.98 during mid-day trading on Wednesday, reaching $152.45. 395,159 shares of the company’s stock traded hands, compared to its average volume of 483,262. The stock’s 50-day moving average is $147.44 and its two-hundred day moving average is $141.30. Defiance Quantum ETF has a 12 month low of $98.21 and a 12 month high of $170.00. The stock has a market cap of $5.68 billion, a P/E ratio of 24.34 and a beta of 1.36.

About Defiance Quantum ETF

The Defiance Quantum ETF (QTUM) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an adjusted-equal-weighted index of companies involved in the research and development of quantum computers. QTUM was launched on Sep 5, 2018 and is managed by Defiance.