REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) to Issue Dividend of $0.18

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a dividend on Tuesday, November 3rd. Stockholders of record on Wednesday, November 4th will be paid a dividend of $0.1833 per share on Thursday, November 5th. This represents a dividend yield of 2,474.0%. The ex-dividend date is Wednesday, November 4th. This is a 6.7% decrease from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.1964.

REX FANG & Innovation Equity Premium Income ETF Price Performance

Shares of REX FANG & Innovation Equity Premium Income ETF stock opened at $38.53 on Wednesday. REX FANG & Innovation Equity Premium Income ETF has a one year low of $37.80 and a one year high of $48.23. The stock’s 50-day moving average is $42.05 and its 200 day moving average is $42.46. The firm has a market cap of $678.90 million, a price-to-earnings ratio of 41.27 and a beta of 1.09.

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.