REX AI Equity Premium Income ETF Declares Weekly Dividend of $0.2517 per Share
The REX AI Equity Premium Income ETF (AIPI) has declared a weekly dividend of $0.2517 per share, payable on September 24 to shareholders of record as of September 23. The ex-dividend date is also set for September 23. This high-yield offering highlights the fund's strategy focused on artificial intelligence-driven income generation. The ETF has drawn attention due to its reported yield of up to 35%, which positions it favorably against larger traditional income funds, though some analysts caution that such a high return may come with elevated risk. The announcement comes amid broader market interest in AI-related investments and performance gains among companies like Palantir Technologies (PLTR), whose stock recently crossed its 200-day moving average following strong earnings.
