REX AI Equity Premium Income ETF (NASDAQ:AIPI) to Issue Dividend of $0.22

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, November 3rd. Stockholders of record on Wednesday, November 4th will be paid a dividend of $0.2180 per share on Thursday, November 5th. This represents a dividend yield of 3,432.0%. The ex-dividend date of this dividend is Wednesday, November 4th. This is a 8.7% decrease from REX AI Equity Premium Income ETF’s previous dividend of $0.2387.

REX AI Equity Premium Income ETF Price Performance

Shares of NASDAQ AIPI opened at $33.03 on Wednesday. The company’s 50 day simple moving average is $36.66 and its 200 day simple moving average is $36.54. REX AI Equity Premium Income ETF has a fifty-two week low of $32.21 and a fifty-two week high of $43.65. The firm has a market capitalization of $445.90 million, a P/E ratio of 41.65 and a beta of 1.11.

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.