REX FANG & Innovation Equity Premium Income ETF (FEPI) to Issue Monthly Dividend of $0.96 on June 26th

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a monthly dividend on Tuesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Wednesday, June 25th will be paid a dividend of 0.9622 per share on Thursday, June 26th. This represents a $11.55 annualized dividend and a dividend yield of 25.63%. The ex-dividend date is Wednesday, June 25th. This is a 3.9% increase from REX FANG & Innovation Equity Premium Income ETF’s previous monthly dividend of $0.93.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of NASDAQ FEPI opened at $45.05 on Thursday. The firm’s fifty day moving average is $43.09 and its two-hundred day moving average is $45.58. REX FANG & Innovation Equity Premium Income ETF has a 52-week low of $35.44 and a 52-week high of $56.44. The company has a market cap of $462.66 million, a P/E ratio of 34.17 and a beta of 1.06.

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.