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

by · The Markets Daily

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI – Get Free Report) announced a dividend on Tuesday, October 20th. Investors of record on Wednesday, October 21st will be given a dividend of $0.2015 per share on Thursday, October 22nd. This represents a yield of 2,527.0%. The ex-dividend date of this dividend is Wednesday, October 21st. This is a 3.8% decrease from REX FANG & Innovation Equity Premium Income ETF’s previous dividend of $0.2094.

REX FANG & Innovation Equity Premium Income ETF Price Performance

FEPI stock traded up $0.07 during midday trading on Wednesday, reaching $41.50. 82,249 shares of the company’s stock traded hands, compared to its average volume of 198,697. REX FANG & Innovation Equity Premium Income ETF has a fifty-two week low of $37.90 and a fifty-two week high of $49.68. The business has a 50-day moving average price of $42.42 and a two-hundred day moving average price of $42.68. The company has a market capitalization of $725.42 million, a P/E ratio of 41.27 and a beta of 1.09.

About REX FANG & Innovation Equity Premium Income ETF

(Get Free Report)

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.

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