REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) to Issue Dividend Increase – $0.20 Per Share

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, August 4th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 5th will be given a dividend of 0.1954 per share on Thursday, August 6th. The ex-dividend date is Wednesday, August 5th. This is a 1.8% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.19.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of NASDAQ:FEPI opened at $41.58 on Wednesday. The company has a market cap of $686.07 million, a PE ratio of 41.27 and a beta of 1.10. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $37.90 and a 52 week high of $49.68. The firm has a 50 day simple moving average of $42.62 and a 200 day simple moving average of $42.69.

REX FANG & Innovation Equity Premium Income ETF Company Profile

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.