The Defiance Quantum ETF (NASDAQ:QTUM) Announces Dividend of $0.16

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

Defiance Quantum ETF Price Performance

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

Defiance Quantum ETF Company Profile

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.