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

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 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 %

Shares of MDST traded down $0.17 during trading hours on Friday, reaching $27.49. 13,812 shares of the company traded hands, compared to its average volume of 14,456. Westwood Salient Enhanced Midstream Income ETF has a 12 month low of $24.03 and a 12 month high of $28.39. The company has a market capitalization of $29.69 million, a price-to-earnings ratio of 16.67 and a beta of 0.28. The company’s fifty day moving average price is $27.22 and its two-hundred day moving average price is $26.21.

About Westwood Salient Enhanced Midstream Income ETF

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.