Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) to Issue $0.23 Monthly Dividend

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) declared a monthly dividend on Thursday, March 27th, NASDAQ Dividends reports. Investors 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 9.72%. The ex-dividend date of this dividend is Friday, March 28th.

Westwood Salient Enhanced Midstream Income ETF Trading Down 0.9 %

Shares of NYSEARCA MDST traded down $0.25 during midday trading on Friday, reaching $27.79. 23,438 shares of the stock were exchanged, compared to its average volume of 22,198. The company has a market capitalization 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 stock has a 50 day moving average price of $27.62 and a 200-day moving average price of $27.13.

Westwood Salient Enhanced Midstream Income ETF Company Profile

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.