Positive Media Coverage Somewhat Unlikely to Affect Wells Fargo Utilities and High Incm Fund (ERH) Stock Price
News articles about Wells Fargo Utilities and High Incm Fund (NYSE:ERH) have trended positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wells Fargo Utilities and High Incm Fund earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.8462569821478 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Wells Fargo Utilities and High Incm Fund (ERH) traded up 0.31% during mid-day trading on Wednesday, reaching $13.13. The company’s stock had a trading volume of 14,540 shares. Wells Fargo Utilities and High Incm Fund has a one year low of $11.20 and a one year high of $13.59. The firm’s 50 day moving average is $13.20 and its 200 day moving average is $12.92.
The business also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be issued a dividend of $0.075 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.85%. The ex-dividend date is Friday, August 11th.
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Wells Fargo Utilities and High Incm Fund Company Profile
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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