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

AXS Real Estate Income ETF (NYSEARCA:RINC) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.18 per share on Friday, March 28th. The ex-dividend date of this dividend is Wednesday, March 26th.

AXS Real Estate Income ETF Stock Performance

Shares of NYSEARCA RINC opened at $22.34 on Thursday. The business has a 50 day simple moving average of $22.63 and a 200 day simple moving average of $22.99. AXS Real Estate Income ETF has a 52 week low of $20.81 and a 52 week high of $25.38. The stock has a market cap of $38.20 million, a price-to-earnings ratio of 11.68 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.