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, August 18th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be given a dividend of 0.2497 per share on Thursday, August 20th. The ex-dividend date is Wednesday, August 19th. This is a 0.2% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.25.

REX AI Equity Premium Income ETF Trading Down 1.3%

REX AI Equity Premium Income ETF stock traded down $0.48 during trading hours on Wednesday, reaching $36.58. 88,860 shares of the company were exchanged, compared to its average volume of 168,724. The firm has a market cap of $427.99 million, a price-to-earnings ratio of 41.65 and a beta of 1.09. The stock has a 50-day moving average of $36.35 and a 200 day moving average of $36.31. REX AI Equity Premium Income ETF has a 12 month low of $32.21 and a 12 month high of $45.08.

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.