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ERC Dividend

Allspring Multi-Sector Income Fund

AMEXFinancial ServicesStockData as of
Dividend yield
10.05%
Annual dividend
$0.87
Payout ratio
0.90
Frequency
Monthly
Share price
$8.66
Market cap
$243M

Next payment

Ex-dividend date: Pay date: Amount: $0.0725

You must own the shares before the ex-dividend date to receive this payment.

Is ERC a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is far above the marketAt 10.05%, the yield is more than three times the median of 2.92% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
  • Dividend uses most of earningsA payout ratio of 0.90 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
  • Dividend has been cut 12 timesAcross 23 complete years, the annual total fell in 2021, 2022, 2023 and earlier. The most recent reduction was in 2023.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

ERC dividend history

Annual dividend per share, 2003 to 2025.

2003200720112015201920232025
Peak $1.57 in 2004Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for ERC, most recent first.
Ex-dividend datePay dateAmountType
$0.0726Monthly
$0.0727Monthly
$0.0728Monthly
$0.0728Monthly
$0.0726Monthly
$0.0727Monthly
$0.0725Monthly
$0.0724Monthly
$0.0723Monthly
$0.0722Monthly
$0.0722Monthly
$0.0722Monthly
$0.0722Monthly
$0.0722Monthly
$0.0722Monthly
$0.0723Monthly
$0.0725Monthly
$0.0726Monthly
$0.0727Monthly
$0.0728Monthly
$0.0729Monthly
$0.0728Monthly
$0.0662Monthly
$0.0660Monthly
$0.0659Monthly
$0.0659Monthly
$0.0659Monthly
$0.0657Monthly
$0.0657Monthly
$0.0654Monthly
$0.0653Monthly
$0.0652Monthly
$0.0650Monthly
$0.0650Monthly
$0.0650Monthly
$0.0650Monthly
$0.0651Monthly
$0.0650Monthly
$0.0651Monthly
$0.0654Monthly

How much would ERC pay you?

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Calculate ERC dividend income →

ERC appears in

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Frequently asked questions

Does ERC pay a dividend?
Yes. Allspring Multi-Sector Income Fund pays a monthly dividend, currently yielding 10.05% based on trailing twelve-month payments of $0.87 per share.
How much does ERC pay in dividends?
$0.87 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next ERC ex-dividend date?
The next ex-dividend date on record is October 13, 2026, with payment on November 2, 2026. You must own the shares before the ex-dividend date to receive that payment.