Westwood Salient Enhanced Energy Income ETF (WEEI) to Issue Monthly Dividend of $0.23 on June 2nd

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) announced a monthly dividend on Wednesday, May 27th, NASDAQ Dividends reports. Stockholders of record on Thursday, May 28th will be paid a dividend of 0.225 per share on Tuesday, June 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend is Thursday, May 28th.

Westwood Salient Enhanced Energy Income ETF Stock Performance

NASDAQ WEEI opened at $23.53 on Friday. The stock’s fifty day moving average is $23.99 and its two-hundred day moving average is $22.87. The firm has a market capitalization of $69.88 million, a P/E ratio of 15.37 and a beta of 0.10. Westwood Salient Enhanced Energy Income ETF has a fifty-two week low of $19.71 and a fifty-two week high of $25.12.

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.