REX AI Equity Premium Income ETF Declares Dividend of $1.36 (NASDAQ:AIPI)

REX AI Equity Premium Income ETF (NASDAQ:AIPI) declared a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, February 26th will be given a dividend of 1.355 per share on Thursday, February 27th. The ex-dividend date of this dividend is Wednesday, February 26th.

REX AI Equity Premium Income ETF Stock Down 1.3 %

Shares of AIPI stock traded down $0.58 during mid-day trading on Wednesday, reaching $45.24. 223,985 shares of the company’s stock traded hands, compared to its average volume of 211,192. The company’s 50-day moving average price is $49.65 and its 200-day moving average price is $50.07. The company has a market cap of $237.51 million and a P/E ratio of 42.50. REX AI Equity Premium Income ETF has a 12 month low of $43.52 and a 12 month high of $56.15.

REX AI Equity Premium Income ETF Company Profile

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.