REX AI Equity Premium Income ETF (AIPI) to Distribute Dividend of $0.25 on October 1st

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.2501 per share on Thursday, October 1st. This represents a dividend yield of 3,477.0%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 0.6% decrease from REX AI Equity Premium Income ETF’s previous dividend of $0.2517.

REX AI Equity Premium Income ETF Price Performance

Shares of NASDAQ AIPI opened at $37.41 on Thursday. The business’s 50-day moving average price is $36.64 and its two-hundred day moving average price is $36.44. REX AI Equity Premium Income ETF has a one year low of $32.21 and a one year high of $45.08. The company has a market capitalization of $470.24 million, a P/E ratio of 41.65 and a beta of 1.13.

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.