REX AI Equity Premium Income ETF (NASDAQ:AIPI) Declares Dividend Increase – $0.25 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, October 6th. Investors of record on Wednesday, October 7th will be paid a dividend of $0.2535 per share on Thursday, October 8th. This represents a yield of 3,471.0%. The ex-dividend date is Wednesday, October 7th. This is a 1.3% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.2501.

REX AI Equity Premium Income ETF Stock Up 0.2%

NASDAQ:AIPI opened at $37.97 on Wednesday. The firm has a market cap of $482.22 million, a PE 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. The company’s 50-day moving average price is $36.91 and its two-hundred day moving average price is $36.49.

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.