AXS Real Estate Income ETF Declares Dividend of $0.18 (NYSEARCA:RINC)

AXS Real Estate Income ETF (NYSEARCA:RINC) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be paid a dividend of 0.18 per share on Friday, March 28th. The ex-dividend date of this dividend is Wednesday, March 26th.

AXS Real Estate Income ETF Stock Down 1.6 %

Shares of RINC traded down $0.36 during trading hours on Wednesday, reaching $22.34. The company’s stock had a trading volume of 724 shares, compared to its average volume of 4,648. The company has a 50 day moving average of $22.62 and a two-hundred day moving average of $22.99. The firm has a market cap of $38.20 million, a price-to-earnings ratio of 11.68 and a beta of 1.27. AXS Real Estate Income ETF has a 1-year low of $20.81 and a 1-year high of $25.38.

About AXS Real Estate Income ETF

The AXS Real Estate Income ETF (RINC) is an exchange-traded fund that is based on the Gapstow Real Estate Income index. The fund tracks a modified equal-weighted index that provides diversified exposure to US mortgage REITs. The fund uses leverage to seek high yields as compared to other asset classes.