Fidelity Metaverse ETF (NASDAQ:FMET) Announces Quarterly Dividend of $0.06

Fidelity Metaverse ETF (NASDAQ:FMET) declared 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 is Friday, March 20th. This is a 43.6% increase from Fidelity Metaverse ETF’s previous quarterly dividend of $0.04.

Fidelity Metaverse ETF Price Performance

NASDAQ:FMET traded down $0.88 during midday trading on Friday, reaching $31.21. The stock had a trading volume of 535 shares, compared to its average volume of 5,390. The stock has a market capitalization of $43.69 million, a P/E ratio of 23.47 and a beta of 1.13. Fidelity Metaverse ETF has a 1-year low of $23.85 and a 1-year high of $39.44. The firm’s fifty day simple moving average is $34.26 and its 200-day simple moving average is $35.98.

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.