Allspring Utilities and High Income Fund (ERH) to Issue Monthly Dividend of $0.08 on July 1st

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) announced a monthly dividend on Friday, May 30th, Wall Street Journal reports. Stockholders of record on Thursday, June 12th will be paid a dividend of 0.08 per share on Tuesday, July 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.52%. The ex-dividend date is Thursday, June 12th. This is a 0.8% increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.08.

Allspring Utilities and High Income Fund Trading Down 0.3%

NYSEAMERICAN:ERH opened at $11.27 on Tuesday. Allspring Utilities and High Income Fund has a 1 year low of $9.61 and a 1 year high of $11.52. The firm’s fifty day simple moving average is $10.87 and its 200 day simple moving average is $10.83.

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.