Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Investors of record on Friday, December 11th will be given a dividend of $0.0859 per share on Monday, January 4th. This represents a $1.03 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend 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 Trading Up 0.1%
ERH stock opened at $10.96 on Thursday. The stock’s fifty day moving average is $10.70 and its two-hundred day moving average is $11.71. Allspring Utilities and High Income Fund has a 1 year low of $10.16 and a 1 year high of $12.90.
Allspring Utilities and High Income Fund Company Profile
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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