Westwood Salient Enhanced Midstream Income ETF Plans Monthly Dividend of $0.23 (NYSEARCA:MDST)

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Friday, January 3rd will be paid a dividend of 0.225 per share on Thursday, January 9th. This represents a $2.70 annualized dividend and a dividend yield of 9.82%. The ex-dividend date of this dividend is Friday, January 3rd.

Westwood Salient Enhanced Midstream Income ETF Stock Down 0.6 %

NYSEARCA:MDST traded down $0.17 on Friday, hitting $27.49. The stock had a trading volume of 13,812 shares, compared to its average volume of 14,456. The business’s 50-day simple moving average is $27.22 and its two-hundred day simple moving average is $26.21. The stock has a market cap of $29.69 million, a price-to-earnings ratio of 16.67 and a beta of 0.28. Westwood Salient Enhanced Midstream Income ETF has a 52-week low of $24.03 and a 52-week high of $28.39.

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.