REX AI Equity Premium Income ETF (NASDAQ:AIPI) Announces $0.23 Dividend

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, July 28th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 29th will be paid a dividend of 0.2317 per share on Thursday, July 30th. The ex-dividend date is Wednesday, July 29th.

REX AI Equity Premium Income ETF Trading Down 2.8%

AIPI stock traded down $0.97 during mid-day trading on Wednesday, reaching $33.19. 246,657 shares of the stock traded hands, compared to its average volume of 172,069. The company has a market cap of $389.98 million, a P/E ratio of 41.65 and a beta of 1.08. REX AI Equity Premium Income ETF has a 52-week low of $32.21 and a 52-week high of $45.08. The stock’s fifty day moving average is $36.99 and its 200-day moving average is $36.66.

REX AI Equity Premium Income ETF Company Profile

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.