REX AI Equity Premium Income ETF (NASDAQ:AIPI) Announces Monthly Dividend of $1.05

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a monthly dividend on Tuesday, April 21st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 22nd will be paid a dividend of 1.0518 per share on Thursday, April 23rd. This represents a c) annualized dividend and a yield of 35.4%. The ex-dividend date is Wednesday, April 22nd. This is a 2.8% increase from REX AI Equity Premium Income ETF’s previous monthly dividend of $1.02.

REX AI Equity Premium Income ETF Trading Down 1.7%

NASDAQ AIPI traded down $0.61 during midday trading on Wednesday, hitting $35.64. The company had a trading volume of 118,842 shares, compared to its average volume of 166,199. The company has a market capitalization of $380.64 million, a PE ratio of 41.65 and a beta of 1.04. The firm has a 50-day moving average price of $35.45 and a 200-day moving average price of $39.14. REX AI Equity Premium Income ETF has a twelve month low of $32.21 and a twelve month high of $45.08.

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.