REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) to Issue Dividend of $0.09

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, September 9th. Investors of record on Thursday, September 10th will be paid a dividend of 0.09 per share by the technology company on Friday, September 11th. This represents a yield of 6,903.0%. The ex-dividend date is Thursday, September 10th. This is a 5.9% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.09.

REX IncomeMax Option Strategy ETF Trading Down 1.5%

Shares of ULTI stock opened at $6.78 on Thursday. REX IncomeMax Option Strategy ETF has a 12-month low of $6.17 and a 12-month high of $26.50. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $7.93 and its 200 day moving average is $11.27. The stock has a market capitalization of $23.05 million, a P/E ratio of 3.28, a P/E/G ratio of 6.51 and a beta of -4.43.

Hedge Funds Weigh In On REX IncomeMax Option Strategy ETF

Institutional investors and hedge funds have recently modified their holdings of the company. OLD Mission Capital LLC bought a new stake in shares of REX IncomeMax Option Strategy ETF in the fourth quarter worth $142,000. Jane Street Group LLC bought a new stake in shares of REX IncomeMax Option Strategy ETF during the 4th quarter valued at about $264,000. Finally, Apollon Wealth Management LLC bought a new stake in shares of REX IncomeMax Option Strategy ETF during the 1st quarter valued at about $431,000. 91.20% of the stock is currently owned by hedge funds and other institutional investors.

REX IncomeMax Option Strategy ETF Company Profile

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.