Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Raises Dividend to $0.05 Per Share

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) announced a monthly dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Thursday, July 11th will be given a dividend of 0.0521 per share by the closed-end fund on Thursday, August 1st. This represents a $0.63 annualized dividend and a yield of 9.44%. The ex-dividend date of this dividend is Thursday, July 11th. This is a positive change from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.05.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has raised its dividend by an average of 2.4% per year over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

NYSEAMERICAN:EAD opened at $6.62 on Friday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 12-month low of $5.69 and a 12-month high of $6.81.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Company Profile

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated. The fund invests in the fixed income markets of the United States. It primarily invests in below investment grade debt securities, high-yield debt securities, loans and preferred stocks rated Ba or lower by Moody's Investors Service, Inc or BB or lower by Standard & Poor's Ratings Group.