REX FANG & Innovation Equity Premium Income ETF Announces Monthly Dividend of $1.09 (NASDAQ:FEPI)

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a monthly dividend on Monday, April 22nd, NASDAQ reports. Investors of record on Wednesday, April 24th will be paid a dividend of 1.093 per share on Thursday, April 25th. This represents a $13.12 annualized dividend and a yield of 25.27%. The ex-dividend date is Tuesday, April 23rd.

REX FANG & Innovation Equity Premium Income ETF Stock Up 1.9 %

NASDAQ FEPI traded up $0.95 during trading hours on Tuesday, hitting $51.91. 109,144 shares of the company’s stock traded hands, compared to its average volume of 98,207. REX FANG & Innovation Equity Premium Income ETF has a 52-week low of $48.41 and a 52-week high of $57.29. The company has a market cap of $171.30 million, a P/E ratio of 43.86 and a beta of 0.98. The company’s 50-day moving average is $55.50.

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.