Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) announced a monthly dividend on Wednesday, August 14th, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be paid a dividend of 0.0621 per share on Tuesday, October 1st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date is Friday, September 13th. This is a boost from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.06.
Allspring Utilities and High Income Fund Stock Performance
ERH opened at $10.42 on Friday. Allspring Utilities and High Income Fund has a twelve month low of $7.97 and a twelve month high of $10.54.
Allspring Utilities and High Income Fund Company Profile
Allspring Utilities and High Income Fund is a closed-ended balanced mutual fund launched and managed by Wells Fargo Funds Management LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity and fixed income markets of the United States.
Further Reading
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