REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Announces Dividend Increase – $0.08 Per Share

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, October 21st. Stockholders of record on Thursday, October 22nd will be paid a dividend of $0.08 per share by the technology company on Friday, October 23rd. This represents a dividend yield of 7,495.0%. The ex-dividend date is Thursday, October 22nd. This is a 14.3% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.07.

REX IncomeMax Option Strategy ETF Stock Down 3.8%

Shares of ULTI traded down $0.21 during trading hours on Thursday, hitting $5.32. The company had a trading volume of 22,505 shares, compared to its average volume of 75,459. The company has a market capitalization of $15.17 million, a PE ratio of 2.57, a price-to-earnings-growth ratio of 6.51 and a beta of -4.83. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.01. REX IncomeMax Option Strategy ETF has a one year low of $5.22 and a one year high of $26.50. The company’s fifty day moving average price is $6.63 and its two-hundred day moving average price is $9.98.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.