REX AI Equity Premium Income ETF Announces Monthly Dividend of $1.16 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a monthly dividend on Tuesday, January 27th. Shareholders of record on Wednesday, January 28th will be paid a dividend of 1.162 per share on Thursday, January 29th. This represents a c) annualized dividend and a yield of 35.7%. The ex-dividend date is Wednesday, January 28th.

REX AI Equity Premium Income ETF Stock Performance

REX AI Equity Premium Income ETF stock traded down $1.08 during trading hours on Wednesday, reaching $39.01. 113,231 shares of the stock were exchanged, compared to its average volume of 179,391. REX AI Equity Premium Income ETF has a 52-week low of $33.68 and a 52-week high of $50.67. The stock has a market cap of $405.67 million, a P/E ratio of 41.65 and a beta of 1.10. The firm’s 50 day moving average is $40.64 and its 200 day moving average is $42.02.

REX AI Equity Premium Income ETF Company Profile

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.