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. 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 is Friday, March 28th.

Westwood Salient Enhanced Midstream Income ETF Price Performance

NYSEARCA MDST opened at $27.79 on Friday. The company’s fifty day moving average is $27.61 and its two-hundred day moving average is $27.15. 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 market capitalization of $85.59 million, a price-to-earnings ratio of 19.88 and a beta of 0.28.

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.