Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Plans $0.23 Monthly Dividend

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) announced a monthly dividend on Tuesday, November 25th. Shareholders of record on Wednesday, November 26th will be paid a dividend of 0.225 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 12.8%. The ex-dividend date of this dividend is Wednesday, November 26th.

Westwood Salient Enhanced Energy Income ETF Stock Performance

Shares of WEEI traded down $0.09 during mid-day trading on Wednesday, hitting $21.09. 6,632 shares of the company’s stock were exchanged, compared to its average volume of 9,745. The stock’s 50-day moving average is $21.12 and its 200-day moving average is $20.96. Westwood Salient Enhanced Energy Income ETF has a fifty-two week low of $18.37 and a fifty-two week high of $24.41. The company has a market cap of $29.94 million, a price-to-earnings ratio of 15.37 and a beta of 0.54.

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.