AXS Real Estate Income ETF (RINC) to Issue Dividend of $0.20 on September 30th

AXS Real Estate Income ETF (NYSEARCA:RINC) declared a dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.20 per share on Monday, September 30th. The ex-dividend date of this dividend is Thursday, September 26th.

AXS Real Estate Income ETF Trading Up 0.4 %

NYSEARCA:RINC opened at $24.24 on Friday. The company’s 50-day moving average is $24.11 and its two-hundred day moving average is $23.44. The firm has a market cap of $47.27 million, a price-to-earnings ratio of 9.83 and a beta of 1.27. AXS Real Estate Income ETF has a 12-month low of $20.75 and a 12-month 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.