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

AXS Real Estate Income ETF (NYSEARCA:RINC) declared a dividend on Thursday, October 24th, NASDAQ reports. Investors of record on Friday, October 25th will be paid 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 Trading Down 1.1 %

RINC stock opened at $23.01 on Friday. The stock has a market capitalization of $44.88 million, a PE ratio of 9.83 and a beta of 1.27. The stock’s 50 day simple moving average is $23.96 and its 200 day simple moving average is $23.42. 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.