REX AI Equity Premium Income ETF (NASDAQ:AIPI) Announces Dividend Increase – $0.25 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, August 11th, NASDAQ Dividends reports. Stockholders of record on Wednesday, August 12th will be paid a dividend of 0.2492 per share on Thursday, August 13th. The ex-dividend date is Wednesday, August 12th. This is a 5.9% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Stock Up 0.1%

Shares of NASDAQ AIPI traded up $0.04 during mid-day trading on Wednesday, reaching $37.42. 97,468 shares of the company were exchanged, compared to its average volume of 169,653. The stock has a market cap of $437.81 million, a price-to-earnings ratio of 41.65 and a beta of 1.09. REX AI Equity Premium Income ETF has a 1 year low of $32.21 and a 1 year high of $45.08. The firm has a 50-day moving average of $36.44 and a 200 day moving average of $36.39.

REX AI Equity Premium Income ETF Company Profile

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.