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

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) declared a monthly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, February 27th will be given a dividend of 0.225 per share on Tuesday, March 4th. This represents a $2.70 dividend on an annualized basis and a yield of 10.01%. The ex-dividend date is Thursday, February 27th.

Westwood Salient Enhanced Midstream Income ETF Stock Performance

NYSEARCA:MDST opened at $26.96 on Friday. The company has a market cap of $78.18 million, a price-to-earnings ratio of 18.14 and a beta of 0.28. Westwood Salient Enhanced Midstream Income ETF has a fifty-two week low of $24.03 and a fifty-two week high of $29.55. The stock has a fifty day moving average price of $27.69 and a 200-day moving average price of $26.89.

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.