REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Plans Monthly Dividend of $1.06

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) declared a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 24th will be paid a dividend of 1.0644 per share on Wednesday, March 25th. This represents a c) annualized dividend and a dividend yield of 43.1%. The ex-dividend date is Tuesday, March 24th.

REX Crypto Equity Premium Income ETF Stock Down 4.8%

Shares of NASDAQ CEPI traded down $1.50 during mid-day trading on Tuesday, reaching $29.61. 43,086 shares of the company were exchanged, compared to its average volume of 38,993. The stock has a market capitalization of $78.76 million, a P/E ratio of 33.99 and a beta of 2.24. The company’s 50-day simple moving average is $32.40 and its 200-day simple moving average is $36.11. REX Crypto Equity Premium Income ETF has a twelve month low of $29.03 and a twelve month high of $43.70.

Institutional Investors Weigh In On REX Crypto Equity Premium Income ETF

A hedge fund recently raised its stake in REX Crypto Equity Premium Income ETF stock. SBI Securities Co. Ltd. grew its position in REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) by 77.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,871 shares of the company’s stock after purchasing an additional 11,686 shares during the quarter. SBI Securities Co. Ltd. owned about 1.01% of REX Crypto Equity Premium Income ETF worth $905,000 as of its most recent SEC filing.

About REX Crypto Equity Premium Income ETF

The REX Crypto Equity Premium Income ETF (CEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in crypto-related and digital payment solutions stocks selected from the 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. CEPI was launched on Dec 4, 2024 and is issued by REX Shares.