Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (EAD) to Issue Monthly Dividend of $0.05 on January 2nd

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) announced a monthly dividend on Wednesday, November 13th,Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.0531 per share by the closed-end fund on Thursday, January 2nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 9.33%. The ex-dividend date is Thursday, December 12th. 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 increased its dividend payment by an average of 2.4% annually over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund stock opened at $6.83 on Friday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a one year low of $6.10 and a one year high of $7.22.

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.