REX AI Equity Premium Income ETF (AIPI) to Issue Monthly Dividend of $1.28 on March 27th

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a monthly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 1.2804 per share on Thursday, March 27th. This represents a $15.36 dividend on an annualized basis and a dividend yield of 36.68%. The ex-dividend date of this dividend is Wednesday, March 26th.

REX AI Equity Premium Income ETF Stock Down 5.2 %

AIPI stock opened at $41.89 on Thursday. The firm has a market cap of $272.29 million and a PE ratio of 37.30. The business has a 50 day moving average of $46.76 and a 200-day moving average of $49.14. REX AI Equity Premium Income ETF has a 12-month low of $40.21 and a 12-month high of $56.15.

About REX AI Equity Premium Income ETF

The REX AI Equity Premium Income ETF (AIPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in leading Artificial Intelligence (AI) companies selected from the holdings of the BITA AI Leaders Select 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 AIPI was launched on Jun 4, 2024 and is issued by REX Shares.