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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be given a dividend of 0.225 per share on Tuesday, February 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date of this dividend is Thursday, January 29th.

Westwood Salient Enhanced Energy Income ETF Stock Performance

WEEI stock traded down $0.01 during trading on Thursday, hitting $22.79. 26,053 shares of the company’s stock traded hands, compared to its average volume of 29,163. The stock has a market capitalization of $38.74 million, a price-to-earnings ratio of 15.37 and a beta of 0.54. The business has a fifty day simple moving average of $21.61 and a 200 day simple moving average of $21.26. Westwood Salient Enhanced Energy Income ETF has a 52 week low of $18.37 and a 52 week high of $24.41.

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. WEEI was launched on May 1, 2024 and is issued by Westwood.