Allspring Utilities and High Income Fund
ERHFinancial Services · Stock · monthly payer
$11.88
Add to PortfolioForward Yield
8.48%
Annual Dividend
$1.01
Payout Ratio
39%
5-Yr Growth
0.3%
Ex-Date
Jun 11, 2026
Frequency
Monthly
ERH Dividend Safety Score
61/ 100
Grade C
Borderline
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage39% of earnings paid out
Balance-sheet strengthDebt/equity of 0.24
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is ERH a good dividend stock?
Yes, with caveatsAllspring Utilities and High Income Fund (ERH) pays a monthly dividend yielding 8.48% ($1.01/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (39%)
Risks
- Cut its dividend in 2024
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.48%
- Payout Ratio
- 39%
- Annual Dividend
- $1.01
- 5-Yr Avg Growth
- 0.3%
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.79
- Market Cap
- $104.9M
- P/E Ratio
- 4.7
- 5-Yr Total Return
- -17%
- 52-Week Range
- $11.22 – $13.07
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.0860 | regular |
| Apr 10, 2026 | — | $0.0860 | regular |
| Mar 12, 2026 | — | $0.0850 | regular |
| Feb 12, 2026 | — | $0.0850 | regular |
| Jan 12, 2026 | — | $0.0840 | regular |
| Dec 11, 2025 | — | $0.0840 | regular |
| Nov 13, 2025 | — | $0.0830 | regular |
| Oct 14, 2025 | — | $0.0830 | regular |
| Sep 12, 2025 | — | $0.0820 | regular |
| Aug 11, 2025 | — | $0.0810 | regular |
| Jul 11, 2025 | — | $0.0810 | regular |
| Jun 12, 2025 | — | $0.0800 | regular |
| May 12, 2025 | — | $0.0790 | regular |
| Apr 11, 2025 | — | $0.0780 | regular |
Income Calculator
At $1.01 / yr per share
Per payment (monthly)$8.42
Annual$101.00
Monthly avg$8.42
