REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Plans Dividend Increase – $0.20 Per Share

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, August 11th, NASDAQ Dividends reports. Investors of record on Wednesday, August 12th will be given a dividend of 0.2029 per share on Thursday, August 13th. The ex-dividend date of this dividend is Wednesday, August 12th. This is a 3.9% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.20.

REX FANG & Innovation Equity Premium Income ETF Price Performance

Shares of FEPI stock traded up $0.02 during trading hours on Wednesday, reaching $41.80. The stock had a trading volume of 220,961 shares, compared to its average volume of 198,632. The firm has a market capitalization of $689.70 million, a PE ratio of 41.27 and a beta of 1.10. The firm has a 50-day simple moving average of $42.15 and a 200-day simple moving average of $42.57. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $37.90 and a twelve month high of $49.68.

REX FANG & Innovation Equity Premium Income ETF Company Profile

The REX FANG & Innovation Equity Premium Income ETF (FEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking to provide similar returns as the Solactive FANG Innovation Index and monthly income. The fund invests in the securities comprising the index while writing call options on them. FEPI was launched on Oct 9, 2023 and is issued by REX.