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

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

AXS Real Estate Income ETF Stock Up 0.1 %

NYSEARCA RINC opened at $22.65 on Thursday. AXS Real Estate Income ETF has a twelve month low of $20.75 and a twelve month high of $26.69. The company has a market cap of $44.16 million, a price-to-earnings ratio of 9.83 and a beta of 1.27. The business’s fifty day moving average is $22.79 and its 200 day moving average is $23.71.

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.