Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) Announces Monthly Dividend of $0.23

Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) declared 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 9.6%. The ex-dividend date is Tuesday, September 29th.

Westwood Salient Enhanced Midstream Income ETF Stock Up 0.2%

NYSE:MDST opened at $28.18 on Tuesday. The stock has a market cap of $288.85 million, a price-to-earnings ratio of 19.79 and a beta of 0.23. The company’s 50 day moving average price is $29.36 and its 200-day moving average price is $29.13. Westwood Salient Enhanced Midstream Income ETF has a 52 week low of $24.93 and a 52 week high of $30.43.

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. MDST was launched on Apr 9, 2024 and is issued by Westwood.