Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) to Issue Monthly Dividend of $0.08

Posted by John Perry on Nov 13th, 2025

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) declared a monthly dividend on Wednesday, November 12th. Stockholders of record on Thursday, December 11th will be paid a dividend of 0.0838 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Thursday, December 11th. This is a 0.7% increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.08.

Allspring Utilities and High Income Fund Stock Up 0.2%

NYSEAMERICAN:ERH opened at $12.78 on Thursday. Allspring Utilities and High Income Fund has a fifty-two week low of $9.98 and a fifty-two week high of $13.07. The company has a 50 day moving average price of $12.51 and a 200 day moving average price of $11.87.

Institutional Investors Weigh In On Allspring Utilities and High Income Fund

Several institutional investors and hedge funds have recently modified their holdings of ERH. Raymond James Financial Inc. purchased a new position in Allspring Utilities and High Income Fund during the 2nd quarter valued at about $25,000. CX Institutional purchased a new stake in Allspring Utilities and High Income Fund during the third quarter worth about $27,000. Tactive Advisors LLC acquired a new stake in shares of Allspring Utilities and High Income Fund during the second quarter worth about $154,000. Avantax Advisory Services Inc. acquired a new stake in shares of Allspring Utilities and High Income Fund during the first quarter worth about $232,000. Finally, Level Four Advisory Services LLC boosted its stake in shares of Allspring Utilities and High Income Fund by 4.7% in the second quarter. Level Four Advisory Services LLC now owns 20,151 shares of the company’s stock valued at $233,000 after purchasing an additional 910 shares during the period.

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.