Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) Declares Dividend Increase – $0.06 Per Share

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) announced a monthly dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Thursday, July 11th will be paid a dividend of 0.062 per share on Thursday, August 1st. This represents a $0.74 annualized dividend and a yield of 7.59%. The ex-dividend date is Thursday, July 11th. This is an increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.06.

Allspring Utilities and High Income Fund Trading Up 0.2 %

Shares of ERH stock opened at $9.81 on Wednesday. Allspring Utilities and High Income Fund has a 12-month low of $7.97 and a 12-month high of $10.55.

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.