REX AI Equity Premium Income ETF (NASDAQ:AIPI) Declares Monthly Dividend of $1.21

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a monthly dividend on Tuesday, December 23rd. Shareholders of record on Wednesday, December 24th will be given a dividend of 1.2081 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a yield of 35.3%. The ex-dividend date is Wednesday, December 24th. This is a 0.6% increase from REX AI Equity Premium Income ETF’s previous monthly dividend of $1.20.

REX AI Equity Premium Income ETF Trading Down 1.6%

NASDAQ:AIPI traded down $0.67 during trading hours on Wednesday, reaching $41.08. 194,592 shares of the company were exchanged, compared to its average volume of 144,505. The stock’s 50-day moving average is $42.24 and its 200-day moving average is $42.57. REX AI Equity Premium Income ETF has a twelve month low of $33.68 and a twelve month high of $51.34. The firm has a market cap of $360.23 million, a PE ratio of 41.65 and a beta of 1.10.

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.