Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) Announces Monthly Dividend of $0.09

Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH) declared a monthly dividend on Friday, July 31st. Investors of record on Thursday, August 13th will be paid a dividend of 0.0878 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Thursday, August 13th. This is a 0.2% increase from Allspring Utilities and High Income Fund’s previous monthly dividend of $0.09.

Allspring Utilities and High Income Fund Stock Up 0.5%

Allspring Utilities and High Income Fund stock traded up $0.06 during trading on Friday, reaching $11.84. The stock had a trading volume of 15,805 shares, compared to its average volume of 25,693. Allspring Utilities and High Income Fund has a 52-week low of $11.50 and a 52-week high of $13.07. The business has a 50 day moving average price of $11.95 and a 200 day moving average price of $12.10.

Allspring Utilities and High Income Fund Company Profile

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.