REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Plans Dividend Increase – $0.08 Per Share

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) declared a dividend on Wednesday, October 21st. Stockholders of record on Thursday, October 22nd will be paid a dividend of $0.08 per share by the technology company on Friday, October 23rd. This represents a dividend yield of 7,495.0%. The ex-dividend date of this dividend is Thursday, October 22nd. This is a 14.3% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.07.

REX IncomeMax Option Strategy ETF Stock Performance

REX IncomeMax Option Strategy ETF stock traded down $0.21 during mid-day trading on Thursday, hitting $5.32. The company had a trading volume of 22,505 shares, compared to its average volume of 75,459. The company’s fifty day moving average is $6.63 and its 200-day moving average is $9.98. REX IncomeMax Option Strategy ETF has a 12-month low of $5.22 and a 12-month high of $26.50. The company has a market capitalization of $15.17 million, a price-to-earnings ratio of 2.57, a P/E/G ratio of 6.51 and a beta of -4.83. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.01.

Institutional Trading of REX IncomeMax Option Strategy ETF

A hedge fund recently bought a new stake in REX IncomeMax Option Strategy ETF stock. Apollon Wealth Management LLC purchased a new stake in REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 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 as of its most recent filing with the SEC. Institutional investors and hedge funds own 91.20% of the company’s stock.

About REX IncomeMax Option Strategy ETF

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.