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 Tuesday, April 28th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 29th will be paid a dividend of 0.225 per share on Monday, May 4th. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date is Wednesday, April 29th.

Westwood Salient Enhanced Energy Income ETF Stock Up 0.8%

Shares of WEEI traded up $0.18 during mid-day trading on Wednesday, hitting $24.02. 40,635 shares of the company’s stock were exchanged, compared to its average volume of 41,924. The firm has a fifty day moving average of $23.83 and a two-hundred day moving average of $22.43. Westwood Salient Enhanced Energy Income ETF has a twelve month low of $19.53 and a twelve month high of $25.12. The stock has a market cap of $66.78 million, a price-to-earnings ratio of 15.37 and a beta of 0.21.

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. WEEI was launched on May 1, 2024 and is issued by Westwood.