REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Declares $0.95 Monthly Dividend

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a monthly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, January 28th will be given a dividend of 0.9548 per share on Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 25.7%. The ex-dividend date of this dividend is Wednesday, January 28th.

REX FANG & Innovation Equity Premium Income ETF Price Performance

NASDAQ:FEPI traded down $0.95 during trading hours on Wednesday, hitting $44.54. The company’s stock had a trading volume of 113,581 shares, compared to its average volume of 185,501. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $35.44 and a twelve month high of $50.30. The stock has a fifty day simple moving average of $45.63 and a 200-day simple moving average of $46.36. The company has a market capitalization of $606.63 million, a P/E ratio of 41.27 and a beta of 1.05.

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.