Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) announced a monthly dividend on Friday, April 26th, NASDAQ reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.0625 per share on Monday, June 3rd. This represents a $0.75 annualized dividend and a dividend yield of 7.59%. The ex-dividend date of this dividend is Friday, May 10th.
Allspring Utilities and High Income Fund has increased its dividend payment by an average of 3.4% annually over the last three years.
Allspring Utilities and High Income Fund Trading Up 0.5 %
Shares of Allspring Utilities and High Income Fund stock opened at $9.87 on Thursday. Allspring Utilities and High Income Fund has a 1 year low of $7.97 and a 1 year high of $10.64.
About Allspring Utilities and High Income Fund
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.
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