REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Plans Dividend of $0.21

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a dividend on Tuesday, October 6th. Investors of record on Wednesday, October 7th will be given a dividend of $0.2105 per share on Thursday, October 8th. This represents a yield of 2,508.0%. The ex-dividend date is Wednesday, October 7th. This is a 1.5% increase from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.2074.

REX FANG & Innovation Equity Premium Income ETF Stock Performance

Shares of NASDAQ FEPI opened at $43.66 on Wednesday. The stock has a 50 day moving average price of $42.08 and a 200 day moving average price of $42.53. REX FANG & Innovation Equity Premium Income ETF has a 52 week low of $37.90 and a 52 week high of $49.68. The stock has a market capitalization of $740.04 million, a PE ratio of 41.27 and a beta of 1.09.

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.