Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) to Issue $0.23 Monthly Dividend

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, January 3rd will be paid a dividend of 0.225 per share on Thursday, January 9th. This represents a $2.70 annualized dividend and a yield of 9.82%. The ex-dividend date of this dividend is Friday, January 3rd.

Westwood Salient Enhanced Midstream Income ETF Price Performance

NYSEARCA MDST traded down $0.17 during trading on Friday, hitting $27.49. The company’s stock had a trading volume of 13,812 shares, compared to its average volume of 14,456. Westwood Salient Enhanced Midstream Income ETF has a fifty-two week low of $24.03 and a fifty-two week high of $28.39. The company has a market cap of $29.69 million, a PE ratio of 16.67 and a beta of 0.28. The business’s 50 day simple moving average is $27.22 and its 200-day simple moving average is $26.21.

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.