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

AXS Real Estate Income ETF (NYSEARCA:RINC) declared a dividend on Tuesday, June 25th, NASDAQ reports. Stockholders of record on Wednesday, June 26th will be paid a dividend of 0.20 per share on Friday, June 28th. The ex-dividend date of this dividend is Wednesday, June 26th.

AXS Real Estate Income ETF Stock Down 0.8 %

AXS Real Estate Income ETF stock traded down $0.18 during mid-day trading on Wednesday, hitting $22.65. 5,987 shares of the company were exchanged, compared to its average volume of 5,377. The company has a market capitalization of $44.17 million, a PE ratio of 9.83 and a beta of 1.27. The business has a fifty day moving average of $22.77 and a 200 day moving average of $23.72. AXS Real Estate Income ETF has a 1-year low of $20.75 and a 1-year high of $26.69.

About AXS Real Estate Income ETF

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.