REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Shares Will Pay Dividend of $0.07

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, October 14th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.07 per share by the technology company on Friday, October 16th. This represents a dividend yield of 6,654.0%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 17.6% decrease from REX IncomeMax Option Strategy ETF’s previous dividend of $0.0850.

REX IncomeMax Option Strategy ETF Stock Down 7.3%

REX IncomeMax Option Strategy ETF stock opened at $5.47 on Thursday. The firm has a market capitalization of $15.59 million, a price-to-earnings ratio of 2.64, a price-to-earnings-growth ratio of 6.51 and a beta of -4.79. The firm’s fifty day moving average price is $6.85 and its two-hundred day moving average price is $10.21. REX IncomeMax Option Strategy ETF has a 1-year low of $5.46 and a 1-year high of $26.50. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.01.

Hedge Funds Weigh In On REX IncomeMax Option Strategy ETF

An institutional investor recently bought a new stake in REX IncomeMax Option Strategy ETF stock. Apollon Wealth Management LLC acquired a new position in shares of REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 35,250 shares of the technology company’s stock, valued at approximately $431,000. Apollon Wealth Management LLC owned approximately 2.23% of REX IncomeMax Option Strategy ETF as of its most recent filing with the Securities and Exchange Commission. 91.20% of the stock is owned by institutional investors.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.