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Wells Fargo Adv Multi-Sector Inco Fund Stock Dividends Overview

ERC pays dividends monthly. Last paid amount was $0.0654 at May 01, 2024. As of today, dividend yield (TTM) is 8.46%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.46%
Frequency Monthly
1Y Growth -0.88%
Payout Ratio 0
Amount Per Share $0.0654
Next Ex-Dividend Date May 10, 2024
Next Payment Date Jun 03, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from ERC the purchase should be done within the next 3 days.
Here's a simple guide on how to buy ERC stock.

ERC Dividend Payout History

To ensure a understanding of ERC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 26, 2024 May 10, 2024 Jun 03, 2024 $0.0657 0.722%
2 Apr 11, 2024 Apr 11, 2024 May 01, 2024 $0.0654 0.726%
3 Feb 22, 2024 Mar 11, 2024 Apr 01, 2024 $0.0653 0.701%
4 Jan 26, 2024 Feb 12, 2024 Mar 01, 2024 $0.0652 0.693%
5 Dec 29, 2023 Jan 12, 2024 Feb 01, 2024 $0.0650 0.685%
6 Nov 15, 2023 Dec 11, 2023 Jan 02, 2024 $0.0650 0.689%
7 Oct 27, 2023 Nov 13, 2023 Dec 01, 2023 $0.0650 0.697%
8 Sep 29, 2023 Oct 12, 2023 Nov 01, 2023 $0.0650 0.733%
9 Aug 16, 2023 Sep 11, 2023 Oct 02, 2023 $0.0650 0.718%
10 Jul 28, 2023 Aug 11, 2023 Sep 01, 2023 $0.0650 0.681%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (83.47%)

Growth potential

Decrease likely (24.78%)

ERC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from ERC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ERC stock here.

Comparing ERC to Sector and Country

ERC pays a solid dividend yield of 8.46%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). ERC’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of ERC's dividend payments?
The amount of ERC's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in ERC sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from ERC stock be automatically reinvested?
If ERC offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy ERC stock.

How often does ERC pay dividend?
Wells Fargo Adv Multi-Sector Inco Fund (ERC) pays dividends monthly. The most recent payout was on May 01, 2024. The upcoming dividend Ex Date is May 10, 2024, with an amount of $0.0657.

How much does ERC pays per share?
The last recorder (Apr 11, 2024) dividend per share was $0.0654.

What is ERC dividend growth rate?
Over the last year, Wells Fargo Adv Multi-Sector Inco Fund has witnessed growth rate of -0.88% . Looking back over the past 3 years, this growth rate has been -10.74%. Furthermore, examining the past 5 years, Wells Fargo Adv Multi-Sector Inco Fund has maintained an average Dividends Per Share Growth Rate of -8.32%.
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About Wells Fargo Adv Multi-Sector Inco Fund

Wells Fargo Adv Multi-Sectoro 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 sec... ERC Profile

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