Westwood Salient Enhanced Midstream Income ETF (MDST) to Issue Monthly Dividend of $0.23 on April 2nd

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) announced a monthly dividend on Thursday, March 27th, NASDAQ Dividends reports. Stockholders 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 dividend yield of 9.72%. The ex-dividend date is Friday, March 28th.

Westwood Salient Enhanced Midstream Income ETF Price Performance

Shares of MDST opened at $27.79 on Friday. Westwood Salient Enhanced Midstream Income ETF has a 12 month low of $24.03 and a 12 month high of $29.55. The stock has a fifty day moving average price of $27.61 and a 200 day moving average price of $27.15. The company has a market cap of $85.59 million, a P/E ratio of 19.88 and a beta of 0.28.

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.