Westwood Salient Enhanced Midstream Income ETF Declares Monthly Dividend of $0.23 (NYSEARCA:MDST)

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) declared 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 of this dividend is Friday, March 28th.

Westwood Salient Enhanced Midstream Income ETF Stock Down 0.9 %

Shares of MDST traded down $0.25 during trading hours on Friday, reaching $27.79. The stock had a trading volume of 23,438 shares, compared to its average volume of 22,198. The company has a market cap of $85.59 million, a P/E ratio of 19.88 and a beta of 0.28. Westwood Salient Enhanced Midstream Income ETF has a 52 week low of $24.03 and a 52 week high of $29.55. The firm has a 50-day moving average of $27.62 and a 200 day moving average of $27.13.

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.