REX TSLA Growth & Income ETF announces weekly distribution of $0.2028

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REX TSLA Growth & Income ETF ( TSII ) announces weekly distribution of $0.2028, 16.96% higher from the prior week's distribution of $0.1734. The annual distribution rate is 65.81%, with an SEC yield of 4.06%. Payable July 15; for shareholders of record July 14; ex-div July 14. Seeking Alpha’s Quant Rating on REX TSLA Growth & Income ETF Dividend scorecard for REX TSLA Growth & Income ETF

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REX TSLA Growth & Income ETF (TSII) has announced a weekly distribution of $0.2028 per share. This represents a 16.96% increase from the previous week's $0.1734, resulting in an annualized distribution rate of 65.81%. The dividend will be paid on July 15 to shareholders of record as of July 14.

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The significant increase in TSII's weekly payout highlights the active strategy employed in managing TSLA derivatives. While the high yield attracts income-focused investors, the sustainability of these distributions remains closely tied to the underlying volatility and performance of Tesla stock.

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