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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) announced a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.2250 per share on Monday, October 5th. This represents a $2.70 annualized dividend and a dividend yield of 11.0%. The ex-dividend date of this dividend is Tuesday, September 29th.

Westwood Salient Enhanced Energy Income ETF Price Performance

WEEI opened at $24.61 on Tuesday. Westwood Salient Enhanced Energy Income ETF has a fifty-two week low of $20.38 and a fifty-two week high of $25.57. The firm has a market capitalization of $106.32 million, a P/E ratio of 15.37 and a beta of 0.05. The company’s 50-day moving average is $24.63 and its 200 day moving average is $23.96.

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.