AllianceBernstein National Municipal Income Fund, Inc. (AFB) to Issue Monthly Dividend of $0.04 on October 18th

Posted by James Nelson on Oct 1st, 2024

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) declared a monthly dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Thursday, October 3rd will be given a dividend of 0.0396 per share by the investment management company on Friday, October 18th. This represents a $0.48 annualized dividend and a yield of 4.03%. The ex-dividend date is Thursday, October 3rd. This is an increase from AllianceBernstein National Municipal Income Fund’s previous monthly dividend of $0.04.

AllianceBernstein National Municipal Income Fund has decreased its dividend payment by an average of 13.3% annually over the last three years.

AllianceBernstein National Municipal Income Fund Trading Up 1.1 %

AllianceBernstein National Municipal Income Fund stock opened at $11.80 on Tuesday. AllianceBernstein National Municipal Income Fund has a 52-week low of $8.95 and a 52-week high of $11.81. The stock has a fifty day moving average price of $11.46 and a two-hundred day moving average price of $11.07.

AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) last announced its earnings results on Friday, September 27th. The investment management company reported $0.11 earnings per share for the quarter.

AllianceBernstein National Municipal Income Fund Company Profile

(Get Free Report)

AllianceBernstein National Municipal Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax.