REX AI Equity Premium Income ETF (NASDAQ:AIPI) Plans Dividend Increase – $0.25 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.2517 per share on Thursday, September 24th. This represents a dividend yield of 3,468.0%. The ex-dividend date is Wednesday, September 23rd. This is a 2.8% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Price Performance

Shares of AIPI stock opened at $37.75 on Wednesday. The stock has a market cap of $441.68 million, a PE ratio of 41.65 and a beta of 1.13. The stock has a 50-day moving average of $36.40 and a 200-day moving average of $36.39. REX AI Equity Premium Income ETF has a one year low of $32.21 and a one year high of $45.08.

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.