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 paid a dividend of 0.0873 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis 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 Price Performance
Shares of Allspring Utilities and High Income Fund stock opened at $11.63 on Wednesday. Allspring Utilities and High Income Fund has a one year low of $10.91 and a one year high of $13.07. The business has a 50-day simple moving average of $12.24 and a 200-day simple moving average of $12.19.
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.
Further Reading
- Five stocks we like better than Allspring Utilities and High Income Fund
- Palo Alto Networks Up 70%: Can the Rally Last Into June?
- Block’s Pivot to Profits and AI Is Turning Heads
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
Receive News & Ratings for Allspring Utilities and High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allspring Utilities and High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
