Fidelity Metaverse ETF (NASDAQ:FMET) Declares Dividend Increase – $0.06 Per Share

Fidelity Metaverse ETF (NASDAQ:FMET) declared a quarterly dividend on Friday, December 20th,NASDAQ Dividends reports. Stockholders of record on Friday, December 20th will be paid a dividend of 0.057 per share on Tuesday, December 24th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend is Friday, December 20th. This is a boost from Fidelity Metaverse ETF’s previous quarterly dividend of $0.01.

Fidelity Metaverse ETF Price Performance

NASDAQ FMET traded up $0.21 during trading hours on Friday, hitting $30.21. The company had a trading volume of 20,847 shares, compared to its average volume of 7,490. The firm’s 50 day moving average is $30.38 and its 200 day moving average is $29.98. The company has a market capitalization of $33.23 million, a price-to-earnings ratio of 30.10 and a beta of -1.32. Fidelity Metaverse ETF has a fifty-two week low of $25.98 and a fifty-two week high of $32.10.

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.