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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) declared 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 is Friday, March 28th.

Westwood Salient Enhanced Energy Income ETF Price Performance

NASDAQ WEEI traded down $0.38 during mid-day trading on Friday, reaching $22.62. 8,236 shares of the stock were exchanged, compared to its average volume of 4,921. Westwood Salient Enhanced Energy Income ETF has a one year low of $20.64 and a one year high of $24.87. The stock has a 50 day simple moving average of $22.38 and a 200-day simple moving average of $22.72. The stock has a market cap of $14.25 million and a P/E 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.