REX AI Equity Premium Income ETF (NASDAQ:AIPI) Announces $1.04 Monthly Dividend

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a monthly dividend on Tuesday, February 24th. Investors of record on Wednesday, February 25th will be paid a dividend of 1.0385 per share on Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 35.3%. The ex-dividend date is Wednesday, February 25th.

REX AI Equity Premium Income ETF Stock Performance

Shares of REX AI Equity Premium Income ETF stock traded down $0.46 during trading on Wednesday, hitting $35.35. 84,431 shares of the company’s stock were exchanged, compared to its average volume of 189,104. The business has a 50-day simple moving average of $38.87 and a 200-day simple moving average of $41.11. The stock has a market capitalization of $386.36 million, a price-to-earnings ratio of 41.65 and a beta of 1.10. REX AI Equity Premium Income ETF has a 52-week low of $33.68 and a 52-week high of $45.77.

About REX AI Equity Premium Income ETF

The REX AI Equity Premium Income ETF (AIPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in leading Artificial Intelligence (AI) companies selected from the holdings of the BITA AI Leaders Select Index. The fund seeks to generate income by writing covered call options on its holdings, aiming for capital growth and current income, while maintaining the flexibility to adapt based on market conditions AIPI was launched on Jun 4, 2024 and is issued by REX Shares.