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, August 18th, NASDAQ Dividends reports. Stockholders of record on Wednesday, August 19th will be paid a dividend of 0.2497 per share on Thursday, August 20th. The ex-dividend date of this dividend is Wednesday, August 19th. This is a 0.2% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.25.

REX AI Equity Premium Income ETF Trading Down 1.3%

Shares of AIPI stock traded down $0.48 on Wednesday, reaching $36.58. 88,860 shares of the company’s stock were exchanged, compared to its average volume of 168,724. The company’s fifty day simple moving average is $36.35 and its 200 day simple moving average is $36.31. 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 $427.99 million, a PE ratio of 41.65 and a beta of 1.09.

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.