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

Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDSTGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 9.82%. The ex-dividend date is Friday, January 3rd.

Westwood Salient Enhanced Midstream Income ETF Price Performance

NYSEARCA MDST opened at $27.49 on Friday. The company has a market capitalization 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 12 month low of $24.03 and a 12 month high of $28.39. The company’s fifty day moving average price is $27.24 and its two-hundred day moving average price is $26.23.

About Westwood Salient Enhanced Midstream Income ETF

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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.

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