REX AI Equity Premium Income ETF (AIPI) to Distribute Dividend of $0.25 on July 2nd

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.2486 per share on Thursday, July 2nd. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 1.7% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.24.

REX AI Equity Premium Income ETF Stock Performance

Shares of REX AI Equity Premium Income ETF stock opened at $36.87 on Thursday. REX AI Equity Premium Income ETF has a 52-week low of $32.21 and a 52-week high of $45.08. The stock has a market capitalization of $401.15 million, a price-to-earnings ratio of 41.65 and a beta of 1.07. The company has a fifty day moving average of $37.19 and a 200-day moving average of $37.31.

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.