REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) to Issue Dividend of $0.87

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, March 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 25th will be paid a dividend of 0.8675 per share on Thursday, March 26th. The ex-dividend date of this dividend is Wednesday, March 25th.

REX FANG & Innovation Equity Premium Income ETF Price Performance

NASDAQ:FEPI traded down $0.65 on Wednesday, hitting $40.72. 127,972 shares of the company’s stock were exchanged, compared to its average volume of 186,650. The firm has a 50-day moving average price of $42.79 and a 200-day moving average price of $45.26. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $35.44 and a 52 week high of $49.68. The company has a market cap of $574.15 million, a P/E ratio of 41.27 and a beta of 1.05.

About REX FANG & Innovation Equity Premium Income ETF

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.