REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Plans Dividend of $0.09

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) announced a dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.09 per share by the technology company on Friday, September 25th. This represents a dividend yield of 6,703.0%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 12.5% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.08.

REX IncomeMax Option Strategy ETF Stock Down 2.2%

Shares of ULTI traded down $0.16 during mid-day trading on Thursday, reaching $6.97. The company’s stock had a trading volume of 6,117 shares, compared to its average volume of 78,182. The company has a market cap of $19.38 million, a price-to-earnings ratio of 3.37, a price-to-earnings-growth ratio of 6.51 and a beta of -4.85. The business has a fifty day moving average of $7.27 and a 200 day moving average of $10.86. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.01. REX IncomeMax Option Strategy ETF has a 1 year low of $6.00 and a 1 year high of $26.50.

Institutional Investors Weigh In On REX IncomeMax Option Strategy ETF

A hedge fund recently bought a new position in REX IncomeMax Option Strategy ETF stock. Apollon Wealth Management LLC acquired a new position in shares of REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 35,250 shares of the technology company’s stock, valued at approximately $431,000. Apollon Wealth Management LLC owned 2.23% of REX IncomeMax Option Strategy ETF at the end of the most recent quarter. Institutional investors own 91.20% of the company’s stock.

REX IncomeMax Option Strategy ETF Company Profile

The Ultimate Software Group, Inc provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. Its UltiPro software solution delivers the functionality businesses need to manage the employee life cycle from recruitment to retirement. The company's UltiPro solution includes feature sets for talent acquisition and onboarding, human resources (HR) service delivery and management, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees.