REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) to Issue Dividend Increase – $0.19 Per Share

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, April 22nd, NASDAQ Dividends reports. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.19 per share by the technology company on Friday, April 24th. The ex-dividend date of this dividend is Thursday, April 23rd. This is a 2.7% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.19.

REX IncomeMax Option Strategy ETF Stock Performance

Shares of NASDAQ:ULTI traded down $0.28 during midday trading on Thursday, reaching $13.70. 39,588 shares of the company’s stock traded hands, compared to its average volume of 68,201. The company has a market cap of $21.65 million, a price-to-earnings ratio of 6.62, a P/E/G ratio of 6.51 and a beta of 3.13. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.02 and a current ratio of 1.02. REX IncomeMax Option Strategy ETF has a one year low of $10.95 and a one year high of $26.50. The stock has a 50 day moving average of $12.75 and a 200 day moving average of $59.63.

Institutional Trading of REX IncomeMax Option Strategy ETF

A number of hedge funds have recently bought and sold shares of ULTI. OLD Mission Capital LLC purchased a new stake in REX IncomeMax Option Strategy ETF in the fourth quarter worth about $142,000. Jane Street Group LLC purchased a new stake in REX IncomeMax Option Strategy ETF in the fourth quarter worth about $264,000. Finally, Apollon Wealth Management LLC purchased a new stake in REX IncomeMax Option Strategy ETF in the first quarter worth about $431,000. Hedge funds and other institutional investors own 91.20% of the company’s stock.

About REX IncomeMax Option Strategy ETF

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.