REX FANG & Innovation Equity Premium Income ETF Declares Monthly Dividend of $0.88 (NASDAQ:FEPI)

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a monthly dividend on Tuesday, February 24th. Investors of record on Wednesday, February 25th will be given a dividend of 0.8833 per share on Thursday, February 26th. This represents a c) annualized dividend and a yield of 25.3%. The ex-dividend date of this dividend is Wednesday, February 25th.

REX FANG & Innovation Equity Premium Income ETF Stock Down 0.5%

REX FANG & Innovation Equity Premium Income ETF stock traded down $0.22 during mid-day trading on Wednesday, reaching $41.84. 182,573 shares of the company’s stock traded hands, compared to its average volume of 196,478. REX FANG & Innovation Equity Premium Income ETF has a 12-month low of $35.44 and a 12-month high of $49.68. The stock has a 50 day moving average of $44.32 and a two-hundred day moving average of $45.86. The company has a market cap of $589.93 million, a price-to-earnings 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.