REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Announces Dividend Increase – $0.21 Per Share

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.2089 per share on Thursday, July 2nd. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 1.7% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.21.

REX FANG & Innovation Equity Premium Income ETF Price Performance

Shares of NASDAQ FEPI traded down $0.48 during midday trading on Wednesday, reaching $42.64. 117,681 shares of the stock traded hands, compared to its average volume of 198,332. The stock has a market capitalization of $640.45 million, a PE ratio of 41.27 and a beta of 1.05. REX FANG & Innovation Equity Premium Income ETF has a one year low of $37.90 and a one year high of $49.68. The company’s 50 day moving average is $44.09 and its 200 day moving average is $43.51.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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. FEPI was launched on Oct 9, 2023 and is issued by REX.