REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) to Issue Dividend Increase – $0.20 Per Share

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a dividend on Tuesday, August 18th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be given a dividend of 0.2047 per share on Thursday, August 20th. The ex-dividend date of this dividend is Wednesday, August 19th. This is a 0.9% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.20.

REX FANG & Innovation Equity Premium Income ETF Stock Down 0.4%

FEPI traded down $0.18 during trading on Wednesday, reaching $41.62. 112,530 shares of the stock traded hands, compared to its average volume of 196,829. The stock’s 50-day moving average is $41.88 and its 200 day moving average is $42.47. REX FANG & Innovation Equity Premium Income ETF has a 12 month low of $37.90 and a 12 month high of $49.68. The stock has a market capitalization of $686.73 million, a PE ratio of 41.27 and a beta of 1.10.

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.