Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) declared a monthly dividend on Tuesday, May 19th. Stockholders of record on Thursday, June 11th will be given a dividend of 0.0873 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Thursday, June 11th. This is a 1.0% increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.09.
Allspring Utilities and High Income Fund Trading Down 2.0%
Allspring Utilities and High Income Fund stock opened at $11.65 on Tuesday. The firm has a 50 day simple moving average of $12.18 and a 200-day simple moving average of $12.10. Allspring Utilities and High Income Fund has a 12-month low of $11.22 and a 12-month high of $13.07.
About Allspring Utilities and High Income Fund
Allspring Utilities and High Income Fund is a closed-end management investment company listed on the NYSE American under the ticker ERH. Managed by Allspring Global Investments, the fund seeks to provide a high level of current income, with a secondary focus on capital appreciation. It primarily invests in the securities of companies operating in the utilities and energy sectors.
The portfolio is broadly diversified across regulated electric, gas and water utilities as well as non-regulated energy-related firms.
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