REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Raises Dividend to $0.20 Per Share

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, August 11th, NASDAQ Dividends reports. Investors of record on Wednesday, August 12th will be given a dividend of 0.2029 per share on Thursday, August 13th. The ex-dividend date is Wednesday, August 12th. This is a 3.9% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.20.

REX FANG & Innovation Equity Premium Income ETF Trading Up 0.0%

REX FANG & Innovation Equity Premium Income ETF stock traded up $0.02 during mid-day trading on Wednesday, reaching $41.80. The company’s stock had a trading volume of 220,961 shares, compared to its average volume of 198,632. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $37.90 and a twelve month high of $49.68. The business has a 50 day moving average price of $42.15 and a 200-day moving average price of $42.57. The firm has a market cap of $689.70 million, a price-to-earnings ratio of 41.27 and a beta of 1.10.

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.