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

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, September 22nd. Investors of record on Wednesday, September 23rd will be paid a dividend of 0.2517 per share on Thursday, September 24th. This represents a yield of 3,468.0%. The ex-dividend date is Wednesday, September 23rd. This is a 2.8% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Stock Up 0.3%

REX AI Equity Premium Income ETF stock opened at $37.75 on Wednesday. The business has a fifty day moving average of $36.40 and a two-hundred day moving average of $36.39. The firm has a market cap of $441.68 million, a P/E ratio of 41.65 and a beta of 1.13. REX AI Equity Premium Income ETF has a twelve month low of $32.21 and a twelve 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.