REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Declares $1.09 Monthly Dividend

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a monthly dividend on Monday, April 22nd, NASDAQ reports. Stockholders of record on Wednesday, April 24th will be given a dividend of 1.093 per share on Thursday, April 25th. This represents a $13.12 annualized dividend and a dividend yield of 25.27%. The ex-dividend date is Tuesday, April 23rd.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of FEPI traded up $0.95 during trading hours on Tuesday, hitting $51.91. The stock had a trading volume of 109,144 shares, compared to its average volume of 98,207. The company has a market capitalization of $171.30 million, a price-to-earnings ratio of 43.86 and a beta of 0.98. The stock has a fifty day simple moving average of $55.50. REX FANG & Innovation Equity Premium Income ETF has a 12-month low of $48.41 and a 12-month high of $57.29.

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.