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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) announced a monthly dividend on Thursday, March 27th, NASDAQ Dividends reports. Shareholders 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 annualized dividend and a yield of 11.93%. The ex-dividend date of this dividend is Friday, March 28th.

Westwood Salient Enhanced Energy Income ETF Price Performance

Shares of NASDAQ WEEI traded down $0.38 during mid-day trading on Friday, hitting $22.62. The company had a trading volume of 8,236 shares, compared to its average volume of 4,921. Westwood Salient Enhanced Energy Income ETF has a 12 month low of $20.64 and a 12 month high of $24.87. The firm has a market cap of $14.25 million and a P/E ratio of 15.74. The business’s 50-day simple moving average is $22.38 and its 200-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.