Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) to Issue Monthly Dividend of $0.23

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) declared a monthly dividend on Wednesday, May 27th, NASDAQ Dividends reports. Shareholders of record on Thursday, May 28th will be given a dividend of 0.225 per share on Tuesday, June 2nd. This represents a c) annualized dividend and a yield of 11.4%. The ex-dividend date is Thursday, May 28th.

Westwood Salient Enhanced Energy Income ETF Trading Down 1.4%

Shares of NASDAQ WEEI opened at $23.75 on Thursday. The stock has a fifty day simple moving average of $24.00 and a two-hundred day simple moving average of $22.86. Westwood Salient Enhanced Energy Income ETF has a 1-year low of $19.71 and a 1-year high of $25.12. The firm has a market cap of $70.54 million, a price-to-earnings ratio of 15.37 and a beta of 0.10.

About Westwood Salient Enhanced Energy Income ETF

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed portfolio seeking to provide monthly income by investing in North American energy companies and writing 1-month call options, on a recurring basis. Stocks are selected and weighted based on fundamental criteria. WEEI was launched on May 1, 2024 and is issued by Westwood.