REX AI Equity Premium Income ETF (NASDAQ:AIPI) to Issue Dividend of $0.25

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, October 13th. Investors of record on Wednesday, October 14th will be paid a dividend of $0.2510 per share on Thursday, October 15th. This represents a yield of 3,462.0%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a 1.0% decrease from REX AI Equity Premium Income ETF’s previous dividend of $0.2535.

REX AI Equity Premium Income ETF Stock Up 0.1%

REX AI Equity Premium Income ETF stock opened at $37.70 on Wednesday. The business has a 50 day moving average price of $37.20 and a two-hundred day moving average price of $36.56. The stock has a market cap of $488.22 million, a price-to-earnings ratio of 41.65 and a beta of 1.11. REX AI Equity Premium Income ETF has a 12 month low of $32.21 and a 12 month high of $45.08.

REX AI Equity Premium Income ETF Company Profile

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.