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

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

Westwood Salient Enhanced Energy Income ETF Trading Down 0.2%

Shares of NASDAQ:WEEI traded down $0.05 during trading on Thursday, hitting $23.92. 39,999 shares of the company’s stock were exchanged, compared to its average volume of 46,492. Westwood Salient Enhanced Energy Income ETF has a 1-year low of $20.38 and a 1-year high of $25.12. The firm has a 50-day moving average price of $23.30 and a two-hundred day moving average price of $23.43. The firm has a market cap of $96.88 million, a P/E ratio of 15.37 and a beta of 0.08.

Westwood Salient Enhanced Energy Income ETF Company Profile

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.