REX AI Equity Premium Income ETF (NASDAQ:AIPI) Increases Dividend to $0.25 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, September 1st. Investors of record on Wednesday, September 2nd will be given a dividend of 0.2507 per share on Thursday, September 3rd. This represents a dividend yield of 3,571.0%. The ex-dividend date of this dividend is Wednesday, September 2nd. This is a 3.7% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Price Performance

NASDAQ:AIPI traded down $0.47 during trading hours on Wednesday, reaching $36.50. The company’s stock had a trading volume of 116,768 shares, compared to its average volume of 166,969. REX AI Equity Premium Income ETF has a one year low of $32.21 and a one year high of $45.08. The business’s 50-day moving average is $36.26 and its 200-day moving average is $36.29. The company has a market cap of $427.05 million, a price-to-earnings ratio of 41.65 and a beta of 1.09.

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.