Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) Increases Dividend to $0.07 Per Share

by · The Cerbat Gem

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) announced a monthly dividend on Thursday, November 14th,Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.0741 per share on Thursday, January 2nd. This represents a $0.89 annualized dividend and a yield of 8.29%. The ex-dividend date is Thursday, December 12th. This is an increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.06.

Allspring Utilities and High Income Fund Stock Performance

Allspring Utilities and High Income Fund stock traded up $0.04 during mid-day trading on Thursday, reaching $10.73. 24,583 shares of the company traded hands, compared to its average volume of 26,539. Allspring Utilities and High Income Fund has a fifty-two week low of $8.73 and a fifty-two week high of $11.36.

Allspring Utilities and High Income Fund Company Profile

(Get Free Report)

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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