Allspring Utilities and High Income Fund (ERH) To Go Ex-Dividend on December 12th

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) declared a monthly dividend on Wednesday, November 13th,Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.0741 per share on Thursday, January 2nd. This represents a $0.89 dividend on an annualized basis and a dividend yield of 8.12%. The ex-dividend date is Thursday, December 12th. This is a positive change from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.06.

Allspring Utilities and High Income Fund Stock Down 1.1 %

Shares of NYSEAMERICAN:ERH opened at $10.95 on Tuesday. Allspring Utilities and High Income Fund has a 1 year low of $8.73 and a 1 year high of $11.36.

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.