The Defiance Quantum ETF (NASDAQ:QTUM) Raises Dividend to $0.16 Per Share

The Defiance Quantum ETF (NASDAQ:QTUM) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors of record on Wednesday, March 26th will be given a dividend of 0.1576 per share on Thursday, March 27th. The ex-dividend date is Wednesday, March 26th. This is a 109.9% increase from Defiance Quantum ETF’s previous dividend of $0.08.

Defiance Quantum ETF Trading Down 2.4 %

Shares of NASDAQ QTUM traded down $1.90 during trading hours on Wednesday, hitting $77.91. 240,563 shares of the company traded hands, compared to its average volume of 446,942. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 23.29 and a beta of 1.15. The company’s 50 day moving average price is $81.25 and its 200 day moving average price is $73.37. Defiance Quantum ETF has a 12 month low of $52.98 and a 12 month high of $90.75.

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.