How much dividend does ERC pay?

ERC currently pays a 9.35% annual dividend yield. On a $10,000 investment that equals $935.48/year, or $77.96/month.

How much would I earn investing $10,000 in ERC?

A $10,000 investment in ERC at the current 9.35% yield generates $935.48/year in dividend income, or $77.96 per month and $233.87 per quarter.

Is ERC a good dividend stock?

ERC offers a 9.35% dividend yield with a beta of 0.54 (lower volatility than the S&P 500). Use the Vestovix AI screener to compare it against other dividend stocks.

Allspring Multi-Sector Income Fund Common Stock (ERC) Stock | 9.35% Dividend | $935/yr on $10K | Vestovix

Allspring Multi-Sector Income Fund Common Stock (ERC) at a glance

Allspring Multi-Sector Income Fund Common Stock (ERC) is a micro-cap Financial Services company. It trades at $9.2, with a P/E of 9.7, a 95.3% profit margin and revenue decline of 4.7%. It pays a 9.4% dividend yield. Vestovix scores it 69/100 overall. Its strongest dimension is Value (99/100) and its weakest is Growth (34/100). It is a relatively defensive holding with below-market volatility.

Price: $9.20
Market cap: $262.0M
P/E ratio: 9.7
Dividend yield: 9.35%
Beta: 0.54
52-week range: $8.72 to $9.78