REX AI Equity Premium Income ETF to Issue Dividend of $0.25 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, September 8th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.2486 per share on Thursday, September 10th. This represents a yield of 3,478.0%. The ex-dividend date is Wednesday, September 9th.

REX AI Equity Premium Income ETF Stock Performance

Shares of REX AI Equity Premium Income ETF stock opened at $37.17 on Wednesday. The stock has a market capitalization of $434.89 million, a P/E ratio of 41.65 and a beta of 1.13. REX AI Equity Premium Income ETF has a 52-week low of $32.21 and a 52-week high of $45.08. The stock’s 50-day simple moving average is $36.34 and its 200 day simple moving average is $36.31.

About REX AI Equity Premium Income ETF

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.