REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Shares Set to Pay Dividend of $0.18

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a dividend on Tuesday, November 3rd. Shareholders of record on Wednesday, November 4th will be given a dividend of $0.1833 per share on Thursday, November 5th. This represents a yield of 2,474.0%. The ex-dividend date of this dividend is Wednesday, November 4th. This is a 6.7% decrease from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.1964.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of FEPI opened at $38.53 on Wednesday. The firm has a market capitalization of $678.90 million, a price-to-earnings ratio of 41.27 and a beta of 1.09. The business’s fifty day moving average price is $42.05 and its two-hundred day moving average price is $42.46. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $37.80 and a 52 week high of $48.23.

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.