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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) 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 dividend on an annualized basis and a yield of 11.93%. The ex-dividend date of this dividend is Friday, March 28th.

Westwood Salient Enhanced Energy Income ETF Stock Down 1.6 %

Shares of NASDAQ:WEEI traded down $0.38 during trading on Friday, reaching $22.62. The stock had a trading volume of 8,236 shares, compared to its average volume of 4,921. The stock has a fifty day simple moving average of $22.38 and a two-hundred day simple moving average of $22.72. Westwood Salient Enhanced Energy Income ETF has a 52 week low of $20.64 and a 52 week high of $24.87. The firm has a market capitalization of $14.25 million and a price-to-earnings ratio of 15.74.

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.