REX AI Equity Premium Income ETF (NASDAQ:AIPI) to Issue Dividend of $0.25

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.2486 per share on Thursday, July 2nd. The ex-dividend date is Wednesday, July 1st. This is a 1.7% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Price Performance

Shares of AIPI traded down $0.31 during midday trading on Wednesday, hitting $36.87. The stock had a trading volume of 104,654 shares, compared to its average volume of 173,651. REX AI Equity Premium Income ETF has a twelve month low of $32.21 and a twelve month high of $45.08. The company has a 50 day simple moving average of $37.18 and a two-hundred day simple moving average of $37.35. The firm has a market cap of $401.15 million, a price-to-earnings ratio of 41.65 and a beta of 1.07.

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.