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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) announced a monthly dividend on Wednesday, July 29th, NASDAQ Dividends reports. Shareholders of record on Thursday, July 30th will be given a dividend of 0.225 per share on Tuesday, August 4th. This represents a c) dividend on an annualized basis and a yield of 11.3%. The ex-dividend date of this dividend is Thursday, July 30th.

Westwood Salient Enhanced Energy Income ETF Price Performance

Shares of WEEI traded down $0.05 during mid-day trading on Thursday, reaching $23.92. The company’s stock had a trading volume of 39,999 shares, compared to its average volume of 46,492. Westwood Salient Enhanced Energy Income ETF has a 12-month low of $20.38 and a 12-month high of $25.12. The stock has a market cap of $96.88 million, a PE ratio of 15.37 and a beta of 0.08. The company’s 50 day moving average is $23.30 and its 200 day moving average is $23.43.

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.