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 18th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 19th will be paid a dividend of 0.2047 per share on Thursday, August 20th. The ex-dividend date of this dividend is Wednesday, August 19th. This is a 0.9% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.20.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of NASDAQ FEPI traded down $0.18 during midday trading on Wednesday, hitting $41.62. 112,530 shares of the stock traded hands, compared to its average volume of 196,829. REX FANG & Innovation Equity Premium Income ETF has a one year low of $37.90 and a one year high of $49.68. The business has a 50 day moving average price of $41.88 and a two-hundred day moving average price of $42.47. The company has a market cap of $686.73 million, a PE 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.