AXS Real Estate Income ETF to Issue Dividend of $0.18 (NYSEARCA:RINC)

AXS Real Estate Income ETF (NYSEARCA:RINC) announced a dividend on Monday, February 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, February 25th will be given a dividend of 0.18 per share on Thursday, February 27th. The ex-dividend date of this dividend is Tuesday, February 25th.

AXS Real Estate Income ETF Trading Up 0.1 %

Shares of RINC stock traded up $0.03 during trading hours on Tuesday, reaching $22.93. 1,202 shares of the company’s stock were exchanged, compared to its average volume of 5,678. AXS Real Estate Income ETF has a 1 year low of $20.81 and a 1 year high of $25.38. The stock has a market cap of $44.71 million, a PE ratio of 9.83 and a beta of 1.27. The stock’s fifty day moving average price is $22.27 and its two-hundred day moving average price is $23.15.

AXS Real Estate Income ETF Company Profile

The AXS Real Estate Income ETF (RINC) is an exchange-traded fund that is based on the Gapstow Real Estate Income index. The fund tracks a modified equal-weighted index that provides diversified exposure to US mortgage REITs. The fund uses leverage to seek high yields as compared to other asset classes.