Wells Fargo Utilities and High Incm Fund (NYSE:ERH) declared a monthly dividend on Thursday, August 17th, Wall Street Journal reports. Investors of record on Wednesday, September 13th will be paid a dividend of 0.075 per share on Monday, October 2nd. This represents a $0.90 dividend on an annualized basis and a yield of 6.80%. The ex-dividend date of this dividend is Tuesday, September 12th.
Wells Fargo Utilities and High Incm Fund (ERH) opened at 13.24 on Monday. Wells Fargo Utilities and High Incm Fund has a 12 month low of $11.20 and a 12 month high of $13.59. The company has a 50-day moving average of $13.25 and a 200-day moving average of $13.01.
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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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