REX AI Equity Premium Income ETF (NASDAQ:AIPI) Raises Dividend to $0.25 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, August 11th, NASDAQ Dividends reports. Investors of record on Wednesday, August 12th will be paid a dividend of 0.2492 per share on Thursday, August 13th. The ex-dividend date is Wednesday, August 12th. This is a 5.9% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Stock Up 0.1%

Shares of REX AI Equity Premium Income ETF stock traded up $0.04 on Wednesday, hitting $37.42. 97,468 shares of the company were exchanged, compared to its average volume of 169,653. The company has a 50-day moving average price of $36.44 and a 200 day moving average price of $36.39. The stock has a market capitalization of $437.81 million, a price-to-earnings ratio of 41.65 and a beta of 1.09. REX AI Equity Premium Income ETF has a 1-year low of $32.21 and a 1-year high of $45.08.

About REX AI Equity Premium Income ETF

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.