Allspring Utilities and High Income Fund (ERH) to Issue Monthly Dividend of $0.09 on April 1st

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) announced a monthly dividend on Tuesday, February 24th. Investors of record on Thursday, March 12th will be paid a dividend of 0.0851 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Thursday, March 12th. This is a 0.4% increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.08.

Allspring Utilities and High Income Fund Stock Performance

Allspring Utilities and High Income Fund stock opened at $12.28 on Tuesday. The company has a 50-day moving average price of $12.08 and a 200 day moving average price of $12.23. Allspring Utilities and High Income Fund has a 12-month low of $9.98 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.