REX IncomeMax Option Strategy ETF (ULTI) Declares $0.185 Dividend — Ex-Dividend May 21

REX IncomeMax Option Strategy ETF (ULTI) declares $0.185 dividend; ex-dividend and record dates are May 21. What investors should know to collect the payout.

REX IncomeMax Option Strategy ETF (NASDAQ: ULTI) announced a cash distribution this week, signaling another income event for ETF shareholders. The fund declared a dividend of $0.185 per share, with the important dates set for late May.

Key dividend dates and amount
Investors of record on Thursday, May 21 will be eligible to receive the payout of $0.185 per share. The ex-dividend date is also Thursday, May 21, and the dividend will be paid on Friday, May 22. These dates are essential for existing and prospective shareholders of the REX IncomeMax Option Strategy ETF (ULTI) who are tracking income from ETF dividends.

What “ex-dividend” and “record date” mean
The ex-dividend date is the cutoff day for being eligible to receive the next dividend. To qualify, you must own shares before the ex-dividend date—shares bought on or after the ex-dividend date typically do not receive the upcoming distribution. The record date (May 21) is when the issuer checks its books to confirm which shareholders are entitled to the payout. Payment follows on the announced pay date, May 22.

How investors can approach the ULTI dividend
If you currently hold ULTI, you don’t need to take action other than confirming your brokerage reflects ownership before the ex-dividend date. If you’re considering buying to capture the dividend, remember that purchasing shares solely for the distribution carries market and tax risks. ETF share prices often adjust to reflect the distribution, and transaction costs or short-term market movements can offset the cash received.

Tax and strategy considerations
Dividends from ETFs may be taxable depending on account type and investor circumstances. Investors should review their tax situation and consult a financial or tax advisor for guidance tailored to their holdings. For long-term investors, dividend events are one factor among many—portfolio fit, expense ratios, and strategy consistency matter as well.

Bottom line
The REX IncomeMax Option Strategy ETF (ULTI) has set a $0.185 per-share dividend with an ex-dividend and record date of May 21 and a pay date of May 22. Shareholders should confirm holdings timing with their broker and consider tax and market implications before trading to capture the payout. This is not financial advice—consult a professional for personalized guidance.

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