REX AI Equity Premium Income ETF (NASDAQ:AIPI) Announces Monthly Dividend of $1.04

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a monthly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, February 25th will be given a dividend of 1.0385 per share on Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 35.2%. The ex-dividend date of this dividend is Wednesday, February 25th.

REX AI Equity Premium Income ETF Trading Down 1.2%

REX AI Equity Premium Income ETF stock traded down $0.43 during midday trading on Wednesday, reaching $35.38. 101,110 shares of the stock traded hands, compared to its average volume of 189,805. The firm has a market cap of $386.69 million, a PE ratio of 41.65 and a beta of 1.10. The company has a 50-day simple moving average of $38.87 and a two-hundred day simple moving average of $41.11. REX AI Equity Premium Income ETF has a 12-month low of $33.68 and a 12-month high of $45.77.

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.