REX AI Equity Premium Income ETF Announces Dividend of $0.24 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, July 14th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.2436 per share on Thursday, July 16th. The ex-dividend date is Wednesday, July 15th.

REX AI Equity Premium Income ETF Price Performance

Shares of NASDAQ AIPI traded down $0.42 during midday trading on Wednesday, hitting $36.02. The company’s stock had a trading volume of 201,830 shares, compared to its average volume of 173,608. The firm has a market capitalization of $409.91 million, a price-to-earnings ratio of 41.65 and a beta of 1.08. The business’s fifty day simple moving average is $37.35 and its two-hundred day simple moving average is $37.02. REX AI Equity Premium Income ETF has a 1 year low of $32.21 and a 1 year high of $45.08.

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.