Fidelity Disruptive Finance ETF (NASDAQ:FDFF) to Issue Dividend Increase – $0.19 Per Share

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) announced a quarterly dividend on Thursday, June 18th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be given a dividend of 0.188 per share on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, June 18th. This is a 276.0% increase from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05.

Fidelity Disruptive Finance ETF Price Performance

Shares of FDFF remained flat at $33.00 during trading hours on Thursday. 1,400 shares of the stock were exchanged, compared to its average volume of 3,586. The company has a market capitalization of $39.60 million, a PE ratio of 24.27 and a beta of 1.14. Fidelity Disruptive Finance ETF has a 12-month low of $30.16 and a 12-month high of $39.15. The stock has a 50-day simple moving average of $33.22 and a two-hundred day simple moving average of $33.73.

About Fidelity Disruptive Finance ETF

The Fidelity Disruptive Finance ETF (FDFF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.