Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) declared a monthly dividend on Wednesday, November 11th. Shareholders of record on Friday, December 11th will be paid a dividend of $0.0859 per share on Monday, January 4th. This represents a $1.03 dividend on an annualized basis and a yield of 9.5%. The ex-dividend date is Friday, December 11th. This is a 1.2% decrease from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.0870.
Allspring Utilities and High Income Fund Stock Performance
Shares of ERH opened at $10.81 on Friday. Allspring Utilities and High Income Fund has a 1 year low of $10.16 and a 1 year high of $12.90. The stock’s 50-day moving average price is $10.69 and its two-hundred day moving average price is $11.71.
About Allspring Utilities and High Income Fund
Allspring Utilities and High Income Fund is a closed-end investment fund listed on the NYSE American under the symbol ERH. The fund seeks to provide current income and, as a secondary objective, capital appreciation by investing in a portfolio of utility-related securities and high-income investments. Its portfolio may include common stocks, preferred stocks, convertible securities and debt issued by companies in the utilities sector, including electric, gas, telecommunications and related infrastructure businesses.
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