REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Plans $1.09 Monthly Dividend

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a monthly dividend on Thursday, July 25th, NASDAQ reports. Investors of record on Friday, July 26th will be paid a dividend of 1.0888 per share on Monday, July 29th. This represents a $13.07 dividend on an annualized basis and a yield of 25.43%. The ex-dividend date is Friday, July 26th.

REX FANG & Innovation Equity Premium Income ETF Stock Down 1.1 %

Shares of NASDAQ FEPI opened at $51.38 on Friday. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $48.41 and a twelve month high of $57.29. The firm has a market cap of $351.95 million, a P/E ratio of 43.97 and a beta of 1.06. The company has a 50 day moving average of $54.73 and a 200 day moving average of $55.05.

About REX FANG & Innovation Equity Premium Income ETF

The REX FANG & Innovation Equity Premium Income ETF (FEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking to provide similar returns as the Solactive FANG Innovation Index and monthly income. The fund invests in the securities comprising the index while writing call options on them.