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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) announced a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be given a dividend of 0.225 per share on Tuesday, February 3rd. This represents a c) annualized dividend and a yield of 11.9%. The ex-dividend date of this dividend is Thursday, January 29th.

Westwood Salient Enhanced Energy Income ETF Stock Down 0.3%

WEEI traded down $0.08 during trading on Thursday, reaching $22.73. The stock had a trading volume of 24,379 shares, compared to its average volume of 28,878. The stock has a 50 day moving average of $21.61 and a two-hundred day moving average of $21.26. Westwood Salient Enhanced Energy Income ETF has a 1-year low of $18.37 and a 1-year high of $24.41. The firm has a market capitalization of $38.63 million, a price-to-earnings ratio of 15.37 and a beta of 0.54.

About Westwood Salient Enhanced Energy Income ETF

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.