The fund raises its monthly payout by 0.1%, marking a slight increase from the prior $0.0878 dividend.
Allspring Utilities and High Income Fund (ERH) announced a $0.0879 per share monthly dividend, a 0.1% increase from the previous $0.0878 payout. The new dividend yields 9.07% on a forward basis.
The prior dividend stood at $0.0878, with the fund maintaining a consistent monthly distribution schedule. The increase reflects a modest adjustment amid stable yield conditions.
The dividend is payable October 1 to shareholders of record as of September 11, with the ex-dividend date also set for September 11.