Fidelity Momentum Factor ETF (FDMO) to Issue Dividend Increase – $0.10 Per Share

Fidelity Momentum Factor ETF (NYSEARCA:FDMO) declared a quarterly dividend on Friday, March 16th, Wall Street Journal reports. Shareholders of record on Monday, March 19th will be given a dividend of 0.098 per share on Wednesday, March 21st. This represents a $0.39 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Friday, March 16th. This is an increase from Fidelity Momentum Factor ETF’s previous quarterly dividend of $0.07.

Fidelity Momentum Factor ETF (NYSEARCA:FDMO) opened at $33.01 on Friday. Fidelity Momentum Factor ETF has a fifty-two week low of $26.59 and a fifty-two week high of $33.84.

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