AllianceBernstein National Municipal Income Fund, Inc. (AFB) to Issue Monthly Dividend of $0.04 on November 22nd

Posted by Tyrone Williams on Nov 5th, 2024

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) announced a monthly dividend on Monday, October 28th, NASDAQ reports. Investors of record on Thursday, November 7th will be given a dividend of 0.0396 per share by the investment management company on Friday, November 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend is Thursday, November 7th.

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

AllianceBernstein National Municipal Income Fund Stock Performance

Shares of AllianceBernstein National Municipal Income Fund stock opened at $11.28 on Tuesday. The company’s 50 day moving average price is $11.55 and its 200-day moving average price is $11.21. AllianceBernstein National Municipal Income Fund has a 52-week low of $9.41 and a 52-week high of $11.95.

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

About AllianceBernstein National Municipal Income Fund

(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.