REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Raises Dividend to $0.08 Per Share

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, October 21st. Shareholders of record on Thursday, October 22nd will be given a dividend of $0.08 per share by the technology company on Friday, October 23rd. This represents a yield of 7,495.0%. The ex-dividend date of this dividend is Thursday, October 22nd. This is a 14.3% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.07.

REX IncomeMax Option Strategy ETF Price Performance

NASDAQ ULTI traded down $0.23 during trading hours on Thursday, reaching $5.30. 23,474 shares of the stock traded hands, compared to its average volume of 75,480. The company has a market cap of $15.11 million, a price-to-earnings ratio of 2.57, a price-to-earnings-growth ratio of 6.51 and a beta of -4.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.02 and a quick ratio of 1.02. REX IncomeMax Option Strategy ETF has a 1 year low of $5.22 and a 1 year high of $26.50. The stock has a 50 day simple moving average of $6.63 and a two-hundred day simple moving average of $9.98.

Institutional Investors Weigh In On REX IncomeMax Option Strategy ETF

A hedge fund recently bought a new stake in REX IncomeMax Option Strategy ETF stock. Apollon Wealth Management LLC bought a new position in REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 35,250 shares of the technology company’s stock, valued at approximately $431,000. Apollon Wealth Management LLC owned about 2.23% of REX IncomeMax Option Strategy ETF as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 91.20% of the company’s stock.

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.