REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) to Issue Dividend of $0.20

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.2015 per share on Thursday, October 22nd. This represents a yield of 2,524.0%. The ex-dividend date is Wednesday, October 21st. This is a 3.8% decrease from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.2094.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

REX FANG & Innovation Equity Premium Income ETF stock traded up $0.10 during midday trading on Wednesday, hitting $41.52. 87,969 shares of the company were exchanged, compared to its average volume of 198,740. The firm has a market capitalization of $725.86 million, a PE ratio of 41.27 and a beta of 1.09. 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 business has a fifty day simple moving average of $42.42 and a two-hundred day simple moving average of $42.68.

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.