REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Raises Dividend to $0.21 Per Share

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.2089 per share on Thursday, July 2nd. The ex-dividend date is Wednesday, July 1st. This is a 1.7% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.21.

REX FANG & Innovation Equity Premium Income ETF Stock Down 1.1%

NASDAQ:FEPI traded down $0.48 during mid-day trading on Wednesday, reaching $42.64. The company’s stock had a trading volume of 117,681 shares, compared to its average volume of 198,332. REX FANG & Innovation Equity Premium Income ETF has a 1 year low of $37.90 and a 1 year high of $49.68. The stock has a fifty day moving average of $44.09 and a 200-day moving average of $43.51. The firm has a market capitalization of $640.45 million, a PE ratio of 41.27 and a beta of 1.05.

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. FEPI was launched on Oct 9, 2023 and is issued by REX.