Allspring Multi-Sector Income Fund Announces Dividend of $0.07 (NYSEAMERICAN:ERC)

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) declared a dividend on Friday, December 27th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be paid a dividend of 0.0729 per share on Monday, February 3rd. The ex-dividend date is Monday, January 13th.

Allspring Multi-Sector Income Fund has raised its dividend payment by an average of 8.2% per year over the last three years.

Allspring Multi-Sector Income Fund Stock Down 0.7 %

Shares of ERC stock traded down $0.06 on Friday, reaching $8.95. The stock had a trading volume of 123,736 shares, compared to its average volume of 92,803. Allspring Multi-Sector Income Fund has a 12 month low of $8.77 and a 12 month high of $9.60.

About Allspring Multi-Sector Income Fund

Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds.