REX AI Equity Premium Income ETF (NASDAQ:AIPI) Increases Dividend to $0.25 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.2486 per share on Thursday, July 2nd. The ex-dividend date 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 Down 0.8%

REX AI Equity Premium Income ETF stock traded down $0.31 during trading hours on Wednesday, hitting $36.87. The stock had a trading volume of 104,654 shares, compared to its average volume of 173,651. The stock’s 50-day moving average price is $37.18 and its 200-day moving average price is $37.35. The stock has a market capitalization of $401.15 million, a P/E ratio of 41.65 and a beta of 1.07. REX AI Equity Premium Income ETF has a 12-month low of $32.21 and a 12-month high of $45.08.

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.