Allspring Utilities and High Income Fund (ERH) To Go Ex-Dividend on February 12th

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) announced a monthly dividend on Friday, January 30th. Shareholders of record on Thursday, February 12th will be given a dividend of 0.0848 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Thursday, February 12th. This is a 0.5% increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.08.

Allspring Utilities and High Income Fund Stock Performance

Shares of ERH opened at $11.93 on Tuesday. The company’s fifty day moving average is $11.83 and its 200 day moving average is $12.16. Allspring Utilities and High Income Fund has a fifty-two week low of $9.98 and a fifty-two week 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.