REX Crypto ETF declares a high monthly dividend of $1.46, despite its stock price dropping to $40.13.

The REX Crypto Equity Premium Income ETF (CEPI) declared a monthly dividend of $1.46 per share, yielding 43.63% annually. The ex-dividend date is March 25th. This ETF invests in crypto and digital payment solution stocks, aiming to generate income through covered call options. Despite the high dividend, CEPI's stock price has fallen to $40.13, within a 52-week range of $37.21 to $52.16.