REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Raises Dividend to $0.18 Per Share

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Tuesday, June 16th, NASDAQ Dividends reports. Shareholders of record on Wednesday, June 17th will be paid a dividend of 0.175 per share by the technology company on Thursday, June 18th. The ex-dividend date of this dividend is Wednesday, June 17th. This is a 2.9% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.17.

REX IncomeMax Option Strategy ETF Stock Down 0.9%

NASDAQ:ULTI traded down $0.12 on Wednesday, hitting $12.60. The stock had a trading volume of 66,169 shares, compared to its average volume of 77,999. The business’s fifty day moving average is $13.74 and its 200 day moving average is $14.37. The company has a market cap of $25.20 million, a PE ratio of 6.09, a P/E/G ratio of 6.51 and a beta of -4.57. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.01. REX IncomeMax Option Strategy ETF has a 52 week low of $10.95 and a 52 week high of $26.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. OLD Mission Capital LLC bought a new position in shares of REX IncomeMax Option Strategy ETF in the fourth quarter valued at approximately $142,000. Jane Street Group LLC bought a new stake in REX IncomeMax Option Strategy ETF during the fourth quarter worth $264,000. Finally, Apollon Wealth Management LLC bought a new stake in REX IncomeMax Option Strategy ETF during the first quarter worth $431,000. Institutional investors own 91.20% of the company’s stock.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.