REX AI Equity Premium Income ETF (NASDAQ:AIPI) Increases Dividend to $0.24 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, August 4th, NASDAQ Dividends reports. Stockholders of record on Wednesday, August 5th will be paid a dividend of 0.2354 per share on Thursday, August 6th. The ex-dividend date of this dividend is Wednesday, August 5th. This is a 1.6% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.23.

REX AI Equity Premium Income ETF Price Performance

NASDAQ:AIPI opened at $36.81 on Wednesday. The company has a market cap of $430.68 million, a price-to-earnings ratio of 41.65 and a beta of 1.09. The stock’s 50 day simple moving average is $36.63 and its two-hundred day simple moving average is $36.47. REX AI Equity Premium Income ETF has a 1 year low of $32.21 and a 1 year high of $45.08.

About REX AI Equity Premium Income ETF

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.