REX FANG & Innovation Equity Premium Income ETF (FEPI) to Distribute Dividend of $0.21 on October 15th

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, October 13th. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.2094 per share on Thursday, October 15th. This represents a dividend yield of 2,588.0%. The ex-dividend date is Wednesday, October 14th. This is a 0.5% decrease from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.2105.

REX FANG & Innovation Equity Premium Income ETF Stock Down 2.8%

NASDAQ:FEPI opened at $42.08 on Thursday. REX FANG & Innovation Equity Premium Income ETF has a fifty-two week low of $37.90 and a fifty-two week high of $49.68. The stock has a market cap of $725.04 million, a PE ratio of 41.27 and a beta of 1.09. The firm’s fifty day simple moving average is $42.44 and its 200-day simple moving average is $42.62.

About REX FANG & Innovation Equity Premium Income ETF

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.