REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Announces Dividend Increase – $0.19 Per Share

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, April 22nd, NASDAQ Dividends reports. Shareholders of record on Thursday, April 23rd will be given a dividend of 0.19 per share by the technology company on Friday, April 24th. The ex-dividend date of this dividend is Thursday, April 23rd. This is a 2.7% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.19.

REX IncomeMax Option Strategy ETF Price Performance

Shares of ULTI traded down $0.28 during midday trading on Thursday, hitting $13.70. 39,588 shares of the company traded hands, compared to its average volume of 68,201. REX IncomeMax Option Strategy ETF has a one year low of $10.95 and a one year high of $26.50. The firm has a market cap of $21.65 million, a P/E ratio of 6.62, a PEG ratio of 6.51 and a beta of 3.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a 50-day moving average of $12.75 and a 200-day moving average of $59.63.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. OLD Mission Capital LLC purchased a new position in shares of REX IncomeMax Option Strategy ETF during the 4th quarter valued at $142,000. Jane Street Group LLC bought a new stake in REX IncomeMax Option Strategy ETF during the fourth quarter valued at $264,000. Finally, Apollon Wealth Management LLC bought a new stake in REX IncomeMax Option Strategy ETF during the first quarter valued at $431,000. 91.20% of the stock is owned by institutional investors.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.