AXS Real Estate Income ETF (NYSEARCA:RINC) Announces Dividend of $0.20

AXS Real Estate Income ETF (NYSEARCA:RINC) announced a dividend on Thursday, October 24th, NASDAQ reports. Stockholders of record on Friday, October 25th will be given a dividend of 0.20 per share on Wednesday, October 30th. The ex-dividend date of this dividend is Friday, October 25th.

AXS Real Estate Income ETF Stock Performance

Shares of NYSEARCA RINC traded down $0.25 during trading on Friday, reaching $23.01. The company had a trading volume of 2,520 shares, compared to its average volume of 4,940. The business’s 50 day moving average price is $23.97 and its 200-day moving average price is $23.43. The stock has a market cap of $44.88 million, a PE ratio of 9.83 and a beta of 1.27. AXS Real Estate Income ETF has a 52 week low of $20.75 and a 52 week high of $26.69.

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.