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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) declared a monthly dividend on Wednesday, February 25th. Investors of record on Thursday, February 26th will be paid a dividend of 0.225 per share on Tuesday, March 3rd. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date of this dividend is Thursday, February 26th.

Westwood Salient Enhanced Energy Income ETF Stock Performance

NASDAQ:WEEI traded down $0.15 during trading hours on Thursday, hitting $23.35. The company’s stock had a trading volume of 10,106 shares, compared to its average volume of 28,812. The business’s 50-day moving average is $22.36 and its two-hundred day moving average is $21.57. The company has a market capitalization of $42.03 million, a PE ratio of 15.37 and a beta of 0.54. Westwood Salient Enhanced Energy Income ETF has a 52-week low of $18.37 and a 52-week high of $23.71.

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.