Cash Dividend On The Way From Wells Fargo Advantage Utilities and High Income Fund (ERH)

Looking at the universe of stocks we cover at Dividend Channel, on 8/11/14, Wells Fargo Advantage Utilities and High Income Fund (ERH) will trade ex-dividend, for its monthly dividend of $0.075, payable on 9/2/14. As a percentage of ERH's recent stock price of $12.14, this dividend works out to approximately 0.62%, so look for shares of Wells Fargo Advantage Utilities and High Income Fund to trade 0.62% lower — all else being equal — when ERH shares open for trading on 8/11/14.

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Below is a dividend history chart for ERH, showing historical dividends prior to the most recent $0.075 declared by Wells Fargo Advantage Utilities and High Income Fund:

ERH+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ERH is likely to continue, and whether the current estimated yield of 7.41% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of ERH shares, versus its 200 day moving average:

Wells Fargo Advantage Utilities and High Income Fund 200 Day Moving Average Chart

Looking at the chart above, ERH's low point in its 52 week range is $11.46 per share, with $13.22 as the 52 week high point — that compares with a last trade of $12.14.

In Thursday trading, Wells Fargo Advantage Utilities and High Income Fund shares are currently trading flat on the day.

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