Wells Fargo Utilities and High Incm Fund (ERH) Plans $0.08 Monthly Dividend
Wells Fargo Utilities and High Incm Fund (NYSE:ERH) declared a monthly dividend on Monday, November 13th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.075 per share on Tuesday, January 2nd. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.77%. The ex-dividend date is Tuesday, December 12th.
Wells Fargo Utilities and High Incm Fund (NYSE:ERH) traded down $0.03 during trading hours on Monday, hitting $13.29. 23,926 shares of the stock were exchanged, compared to its average volume of 18,483. Wells Fargo Utilities and High Incm Fund has a one year low of $11.20 and a one year high of $13.59.
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Wells Fargo Utilities and High Incm Fund Company Profile
Wells Fargo Utilities and High Income Fund (the Fund), formerly Wells Fargo Advantage Utilities and High Income Fund, is a diversified closed-end management investment company. The Fund’s investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income.
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