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Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Dividend Yield % : 8.74% (As of Apr. 27, 2024)


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What is Allspring Utilities and Highome Fund Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Allspring Utilities and Highome Fund is 8.74%.

The historical rank and industry rank for Allspring Utilities and Highome Fund's Dividend Yield % or its related term are showing as below:

ERH' s Dividend Yield % Range Over the Past 10 Years
Min: 5.7   Med: 7.21   Max: 10.81
Current: 8.74

During the past 13 years, the highest Dividend Yield of Allspring Utilities and Highome Fund was 10.81%. The lowest was 5.70%. And the median was 7.21%.

ERH's Dividend Yield % is ranked better than
72.67% of 1215 companies
in the Asset Management industry
Industry Median: 5.62 vs ERH: 8.74

Allspring Utilities and Highome Fund's Dividend Payout Ratio for the six months ended in Aug. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Allspring Utilities and Highome Fund was 1.73. The lowest was 0.36. And the median was 0.64.

As of today (2024-04-27), the Forward Dividend Yield % of Allspring Utilities and Highome Fund is 8.74%.

Allspring Utilities and Highome Fund's Dividends per Share for the six months ended in Aug. 2023 was $0.43.

During the past 12 months, Allspring Utilities and Highome Fund's average Dividends Per Share Growth Rate was -2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Allspring Utilities and Highome Fund was 1.80% per year. The lowest was -7.70% per year. And the median was -2.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Allspring Utilities and Highome Fund Dividend Yield % Historical Data

The historical data trend for Allspring Utilities and Highome Fund's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allspring Utilities and Highome Fund Dividend Yield % Chart

Allspring Utilities and Highome Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.91 7.44 5.82 7.29 9.10

Allspring Utilities and Highome Fund Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.82 6.66 7.29 8.58 9.10

Competitive Comparison of Allspring Utilities and Highome Fund's Dividend Yield %

For the Asset Management subindustry, Allspring Utilities and Highome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allspring Utilities and Highome Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Utilities and Highome Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Allspring Utilities and Highome Fund's Dividend Yield % falls into.



Allspring Utilities and Highome Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Allspring Utilities and Highome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0632024-04-112024-04-122024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0632024-03-112024-03-122024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0642024-02-122024-02-132024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0652024-01-122024-01-162024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0662023-12-112023-12-122024-01-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-11-132023-11-142023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0682023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0692023-09-112023-09-122023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-08-112023-08-142023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0712023-06-122023-06-132023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0722023-05-112023-05-122023-06-01Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Allspring Utilities and Highome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.808/9.23
=8.75 %

Current Share Price is $9.23.
Allspring Utilities and Highome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.808.

Allspring Utilities and Highome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.756/9.23
=8.19 %

Current Share Price is $9.23.
Allspring Utilities and Highome Fund's Dividends per Share for the forward twelve months is calculated as $0.063 * 12 = $0.756.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Allspring Utilities and Highome Fund  (AMEX:ERH) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Allspring Utilities and Highome Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Allspring Utilities and Highome Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203
Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company's investment portfolio includes direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers. It also invests in various industries which includes auto components, hotels, household durables, media, specialty retail, apparel, oil, gas, consumable fuels, industrials, information technology, telecommunication services, financial and healthcare. Its investment advisor is Wells Fargo Funds Management LLC.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch officer: Chief Complaince Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Jack E Spudich other: Portfolio Manager 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Kent A Newcomb other: Portfolio Manager 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Daniel J. Mavico officer: Chief Compliance Officer 401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf other: Share Repurchase Committee Mem WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Andrew R Tuttle officer: Portfolio Mgr. 25 RECREATION PARK DRIVE, SUITE 206, HINGHAM MA 02043
William R. Ebsworth director WELLS FARGO FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105