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

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) announced a monthly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, February 27th will be paid a dividend of 0.225 per share on Tuesday, March 4th. This represents a $2.70 annualized dividend and a dividend yield of 10.01%. The ex-dividend date of this dividend is Thursday, February 27th.

Westwood Salient Enhanced Midstream Income ETF Stock Down 1.0 %

Westwood Salient Enhanced Midstream Income ETF stock traded down $0.28 during trading on Thursday, hitting $26.96. The stock had a trading volume of 15,134 shares, compared to its average volume of 26,125. The stock’s 50 day moving average is $27.68 and its two-hundred day moving average is $26.89. Westwood Salient Enhanced Midstream Income ETF has a 1 year low of $24.03 and a 1 year high of $29.55. The stock has a market cap of $78.18 million, a price-to-earnings ratio of 18.14 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.