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

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) declared a monthly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 1.0923 per share on Friday, September 27th. This represents a $13.11 annualized dividend and a dividend yield of 25.60%. The ex-dividend date is Thursday, September 26th. This is a boost from REX FANG & Innovation Equity Premium Income ETF’s previous monthly dividend of $1.08.

REX FANG & Innovation Equity Premium Income ETF Trading Up 0.4 %

Shares of NASDAQ:FEPI opened at $51.20 on Friday. REX FANG & Innovation Equity Premium Income ETF has a 1-year low of $44.16 and a 1-year high of $57.29. The stock has a market capitalization of $376.32 million, a P/E ratio of 43.97 and a beta of 1.06. The business has a 50-day moving average price of $50.66 and a two-hundred day moving average price of $53.28.

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.