Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) Announces Monthly Dividend of $0.23

Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) announced a monthly dividend on Wednesday, October 28th. Shareholders of record on Thursday, October 29th will be given a dividend of $0.2250 per share on Tuesday, November 3rd. This represents a $2.70 annualized dividend and a yield of 9.2%. The ex-dividend date is Thursday, October 29th.

Westwood Salient Enhanced Midstream Income ETF Stock Performance

Westwood Salient Enhanced Midstream Income ETF stock opened at $29.31 on Thursday. The business’s 50-day simple moving average is $28.94 and its two-hundred day simple moving average is $28.76. The company has a market cap of $301.01 million, a PE ratio of 19.79 and a beta of 0.27. Westwood Salient Enhanced Midstream Income ETF has a fifty-two week low of $24.93 and a fifty-two week high of $30.43.

Institutional Investors Weigh In On Westwood Salient Enhanced Midstream Income ETF

A hedge fund recently bought a new position in Westwood Salient Enhanced Midstream Income ETF stock. North Star Investment Management Corp. purchased a new position in shares of Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 301,563 shares of the company’s stock, valued at approximately $8,275,000. North Star Investment Management Corp. owned about 2.94% of Westwood Salient Enhanced Midstream Income ETF at the end of the most recent quarter.

About Westwood Salient Enhanced Midstream Income ETF

The Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that invests in midstream North American companies and US master limited partnerships (MLPs). In addition, the fund enhances income through covered call options. MDST was launched on Apr 9, 2024 and is issued by Westwood.