Westwood Salient Enhanced Midstream Income ETF Plans Monthly Dividend of $0.23 (NYSEARCA:MDST)

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) announced a monthly dividend on Thursday, March 27th, NASDAQ Dividends reports. Shareholders of record on Friday, March 28th will be paid a dividend of 0.225 per share on Wednesday, April 2nd. This represents a $2.70 annualized dividend and a yield of 9.72%. The ex-dividend date of this dividend is Friday, March 28th.

Westwood Salient Enhanced Midstream Income ETF Stock Down 0.9 %

MDST stock traded down $0.25 during trading on Friday, hitting $27.79. 23,438 shares of the company’s stock traded hands, compared to its average volume of 22,198. The stock has a market capitalization of $85.59 million, a price-to-earnings ratio of 19.88 and a beta of 0.28. Westwood Salient Enhanced Midstream Income ETF has a 52 week low of $24.03 and a 52 week high of $29.55. The stock has a fifty day moving average price of $27.62 and a two-hundred day moving average price of $27.13.

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.