Wells Fargo Utilities and High Incm Fund (NYSE:ERH) announced a monthly dividend on Monday, July 3rd, Wall Street Journal reports. Stockholders of record on Monday, July 17th will be paid a dividend of 0.075 per share on Tuesday, August 1st. This represents a $0.90 annualized dividend and a dividend yield of 6.78%. The ex-dividend date of this dividend is Thursday, July 13th.
Wells Fargo Utilities and High Incm Fund (ERH) opened at 13.27 on Friday. The company’s 50-day moving average price is $13.15 and its 200-day moving average price is $12.80. Wells Fargo Utilities and High Incm Fund has a 1-year low of $11.20 and a 1-year high of $13.66.
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About Wells Fargo Utilities and High Incm Fund
Wells Fargo Utilities and High Income Fund (the Fund), formerly Wells Fargo Advantage Utilities and High Income Fund, is a diversified closed-end management investment company. The Fund’s investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income.
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