REX AI Equity Premium Income ETF (NASDAQ:AIPI) to Issue $1.02 Monthly Dividend

REX AI Equity Premium Income ETF (NASDAQ:AIPI) announced a monthly dividend on Tuesday, March 24th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 25th will be paid a dividend of 1.0234 per share on Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 35.7%. The ex-dividend date is Wednesday, March 25th.

REX AI Equity Premium Income ETF Stock Down 2.4%

Shares of AIPI traded down $0.86 on Wednesday, reaching $34.42. The stock had a trading volume of 188,315 shares, compared to its average volume of 176,300. REX AI Equity Premium Income ETF has a twelve month low of $33.68 and a twelve month high of $45.08. The firm has a market capitalization of $376.21 million, a PE ratio of 41.65 and a beta of 1.10. The firm has a 50-day moving average of $37.05 and a 200 day moving average of $40.24.

REX AI Equity Premium Income ETF Company Profile

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.