REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) Increases Dividend to $0.10 Per Share

REX IncomeMax Option Strategy ETF (NASDAQ:ULTI) announced a dividend on Wednesday, August 5th, NASDAQ Dividends reports. Stockholders of record on Thursday, August 6th will be given a dividend of 0.10 per share by the technology company on Friday, August 7th. The ex-dividend date of this dividend is Thursday, August 6th. This is a 11.1% increase from REX IncomeMax Option Strategy ETF’s previous dividend of $0.09.

REX IncomeMax Option Strategy ETF Price Performance

Shares of REX IncomeMax Option Strategy ETF stock opened at $7.92 on Thursday. The stock has a market cap of $26.93 million, a price-to-earnings ratio of 3.83, a price-to-earnings-growth ratio of 6.51 and a beta of -3.77. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a 50 day moving average price of $10.83 and a 200-day moving average price of $12.67. REX IncomeMax Option Strategy ETF has a one year low of $6.94 and a one year high of $26.50.

Hedge Funds Weigh In On REX IncomeMax Option Strategy ETF

A number of large investors have recently made changes to their positions in ULTI. OLD Mission Capital LLC purchased a new position in shares of REX IncomeMax Option Strategy ETF during the 4th quarter worth about $142,000. Jane Street Group LLC purchased a new stake in REX IncomeMax Option Strategy ETF in the 4th quarter worth about $264,000. Finally, Apollon Wealth Management LLC purchased a new stake in REX IncomeMax Option Strategy ETF in the 1st quarter worth about $431,000. 91.20% of the stock is owned by hedge funds and other institutional investors.

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.