REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) Announces $1.09 Monthly Dividend

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a monthly dividend on Monday, April 22nd, NASDAQ reports. Shareholders of record on Wednesday, April 24th will be given a dividend of 1.093 per share on Thursday, April 25th. This represents a $13.12 annualized dividend and a yield of 25.27%. The ex-dividend date of this dividend is Tuesday, April 23rd.

REX FANG & Innovation Equity Premium Income ETF Trading Up 1.9 %

Shares of FEPI opened at $51.91 on Wednesday. The business’s 50 day simple moving average is $55.50. The stock has a market capitalization of $171.30 million, a price-to-earnings ratio of 43.86 and a beta of 0.98. REX FANG & Innovation Equity Premium Income ETF has a 12-month low of $48.41 and a 12-month high of $57.29.

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.