The REX Hood Growth & Income ETF increases its weekly payout by over 32% to $0.0842, with an annualized yield of 38.56%.
The REX Hood Growth & Income ETF (HOII) announced a weekly distribution of $0.0842, a 32.81% increase from the prior week’s $0.0634 payout. The move lifts the fund’s annual distribution rate to 38.56%, with an SEC yield of 2.16%.
Last week’s distribution stood at $0.0634, marking the first significant upward adjustment in recent months. The fund’s yield metrics reflect its income-focused strategy amid current market conditions.
The distribution is payable June 10 to shareholders of record as of June 9, with an ex-dividend date also set for June 9.