REX FANG & Innovation Equity Premium Income ETF (FEPI) to Distribute Dividend of $0.21 on October 8th

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a dividend on Tuesday, October 6th. Stockholders of record on Wednesday, October 7th will be paid a dividend of $0.2105 per share on Thursday, October 8th. This represents a dividend yield of 2,512.0%. The ex-dividend date of this dividend is Wednesday, October 7th. This is a 1.5% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.2074.

REX FANG & Innovation Equity Premium Income ETF Trading Down 0.2%

Shares of FEPI stock opened at $43.59 on Thursday. REX FANG & Innovation Equity Premium Income ETF has a 12 month low of $37.90 and a 12 month high of $49.68. The company has a market cap of $738.85 million, a P/E ratio of 41.27 and a beta of 1.09. The firm has a fifty day moving average price of $42.19 and a 200 day moving average price of $42.54.

About REX FANG & Innovation Equity Premium Income ETF

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.