REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Increases Dividend to $0.20 Per Share

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, August 4th, NASDAQ Dividends reports. Investors of record on Wednesday, August 5th will be given a dividend of 0.1954 per share on Thursday, August 6th. The ex-dividend date of this dividend is Wednesday, August 5th. This is a 1.8% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.19.

REX FANG & Innovation Equity Premium Income ETF Trading Up 3.5%

Shares of FEPI stock opened at $41.72 on Wednesday. The firm has a 50-day moving average price of $42.62 and a 200 day moving average price of $42.69. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $37.90 and a twelve month high of $49.68. The company has a market capitalization of $688.38 million, a price-to-earnings ratio of 41.27 and a beta of 1.10.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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. FEPI was launched on Oct 9, 2023 and is issued by REX.