REX AI Equity Premium Income ETF Announces Dividend of $0.24 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, September 15th. Investors of record on Wednesday, September 16th will be given a dividend of 0.2448 per share on Thursday, September 17th. This represents a yield of 3,482.0%. The ex-dividend date of this dividend is Wednesday, September 16th.

REX AI Equity Premium Income ETF Stock Performance

Shares of NASDAQ:AIPI opened at $36.56 on Wednesday. REX AI Equity Premium Income ETF has a 52-week low of $32.21 and a 52-week high of $45.08. The business’s 50 day simple moving average is $36.35 and its two-hundred day simple moving average is $36.33. The firm has a market cap of $427.75 million, a P/E ratio of 41.65 and a beta of 1.13.

REX AI Equity Premium Income ETF Company Profile

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.