Allspring Utilities and High Income Fund (ERH) to Issue Monthly Dividend of $0.08 on June 2nd

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) declared a monthly dividend on Monday, April 28th, Wall Street Journal reports. Shareholders of record on Monday, May 12th will be given a dividend of 0.0794 per share on Monday, June 2nd. This represents a $0.95 dividend on an annualized basis and a yield of 8.83%. The ex-dividend date of this dividend is Monday, May 12th. This is a 1.1% increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.08.

Allspring Utilities and High Income Fund Price Performance

Shares of Allspring Utilities and High Income Fund stock opened at $10.79 on Wednesday. Allspring Utilities and High Income Fund has a fifty-two week low of $9.28 and a fifty-two week high of $11.44. The business’s fifty day moving average is $10.79 and its two-hundred day moving average is $10.71.

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.