REX AI Equity Premium Income ETF (NASDAQ:AIPI) Shares Will Pay Dividend of $0.24

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.2396 per share on Thursday, October 22nd. This represents a yield of 3,458.0%. The ex-dividend date of this dividend is Wednesday, October 21st. This is a 4.5% decrease from REX AI Equity Premium Income ETF’s previous dividend of $0.2510.

REX AI Equity Premium Income ETF Trading Up 0.4%

Shares of NASDAQ AIPI traded up $0.14 during midday trading on Wednesday, reaching $36.02. The company had a trading volume of 98,222 shares, compared to its average volume of 180,584. The business’s 50-day simple moving average is $37.08 and its 200 day simple moving average is $36.66. The stock has a market cap of $488.00 million, a P/E ratio of 41.65 and a beta of 1.11. 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.