AXS Real Estate Income ETF (NYSEARCA:RINC) Announces $0.18 Dividend

AXS Real Estate Income ETF (NYSEARCA:RINC) declared a dividend on Monday, February 24th, NASDAQ Dividends reports. Investors of record on Tuesday, February 25th will be paid a dividend of 0.18 per share on Thursday, February 27th. The ex-dividend date of this dividend is Tuesday, February 25th.

AXS Real Estate Income ETF Stock Performance

NYSEARCA:RINC opened at $22.93 on Wednesday. AXS Real Estate Income ETF has a 1 year low of $20.81 and a 1 year high of $25.38. The stock has a fifty day moving average price of $22.27 and a two-hundred day moving average price of $23.15. The stock has a market capitalization of $44.71 million, a price-to-earnings ratio of 9.83 and a beta of 1.27.

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.