Fidelity Metaverse ETF (NASDAQ:FMET) Raises Dividend to $0.11 Per Share

Fidelity Metaverse ETF (NASDAQ:FMET) declared a quarterly dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be given a dividend of 0.108 per share on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, September 18th. This is a 61.2% increase from Fidelity Metaverse ETF’s previous quarterly dividend of $0.07.

Fidelity Metaverse ETF Trading Up 1.6%

Shares of FMET stock opened at $38.76 on Friday. The firm has a fifty day simple moving average of $38.06 and a 200-day simple moving average of $36.39. The company has a market capitalization of $77.47 million, a PE ratio of 23.47 and a beta of 1.21. Fidelity Metaverse ETF has a twelve month low of $30.14 and a twelve month 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.