REX AI Equity Premium Income ETF (NASDAQ:AIPI) Declares Dividend Increase – $0.25 Per Share

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a dividend on Tuesday, August 18th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be paid a dividend of 0.2497 per share on Thursday, August 20th. The ex-dividend date is Wednesday, August 19th. This is a 0.2% increase from REX AI Equity Premium Income ETF’s previous dividend of $0.25.

REX AI Equity Premium Income ETF Price Performance

NASDAQ:AIPI traded down $0.48 during mid-day trading on Wednesday, reaching $36.58. The stock had a trading volume of 88,860 shares, compared to its average volume of 168,724. The stock has a market cap of $427.99 million, a P/E ratio of 41.65 and a beta of 1.09. The business’s 50 day moving average is $36.35 and its 200 day moving average is $36.31. REX AI Equity Premium Income ETF has a fifty-two week low of $32.21 and a fifty-two week 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.