REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Shares to Pay Dividend of $0.20

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a dividend on Tuesday, October 27th. Shareholders of record on Wednesday, October 28th will be given a dividend of $0.1964 per share on Thursday, October 29th. This represents a yield of 2,484.0%. The ex-dividend date of this dividend is Wednesday, October 28th. This is a 2.5% decrease from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.2015.

REX FANG & Innovation Equity Premium Income ETF Price Performance

NASDAQ:FEPI opened at $41.12 on Wednesday. The company has a market cap of $718.78 million, a price-to-earnings ratio of 41.27 and a beta of 1.09. REX FANG & Innovation Equity Premium Income ETF has a 1 year low of $37.90 and a 1 year high of $49.68. The stock’s 50 day simple moving average is $42.27 and its two-hundred day simple moving average is $42.61.

About REX FANG & Innovation Equity Premium Income ETF

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.