REX FANG & Innovation Equity Premium Income ETF (FEPI) to Issue Monthly Dividend of $1.08 on August 28th

REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) announced a monthly dividend on Monday, August 26th, NASDAQ reports. Investors of record on Tuesday, August 27th will be given a dividend of 1.0793 per share on Wednesday, August 28th. This represents a $12.95 annualized dividend and a dividend yield of 25.71%. The ex-dividend date is Tuesday, August 27th.

REX FANG & Innovation Equity Premium Income ETF Stock Up 0.2 %

NASDAQ FEPI opened at $50.38 on Wednesday. REX FANG & Innovation Equity Premium Income ETF has a twelve month low of $44.16 and a twelve month high of $57.29. The firm has a market capitalization of $370.29 million, a PE ratio of 43.97 and a beta of 1.06. The stock’s 50 day moving average is $52.86 and its 200 day moving average is $54.14.

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.