Westwood Salient Enhanced Energy Income ETF Declares 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. Stockholders of record on Friday, March 28th will be given 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 11.93%. The ex-dividend date of this dividend is Friday, March 28th.

Westwood Salient Enhanced Energy Income ETF Stock Down 1.6 %

Shares of NASDAQ WEEI traded down $0.38 during trading hours on Friday, reaching $22.62. 8,236 shares of the stock traded hands, compared to its average volume of 4,921. Westwood Salient Enhanced Energy Income ETF has a 52-week low of $20.64 and a 52-week high of $24.87. The company has a market capitalization of $14.25 million and a P/E ratio of 15.74. The company’s 50-day simple moving average is $22.38 and its two-hundred day simple moving average is $22.72.

Westwood Salient Enhanced Energy Income ETF Company Profile

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.