AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) declared a monthly dividend on Monday, March 24th, Wall Street Journal reports. Investors of record on Thursday, April 3rd will be paid a dividend of 0.0396 per share by the investment management company on Friday, April 25th. This represents a $0.48 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Thursday, April 3rd.
AllianceBernstein National Municipal Income Fund has decreased its dividend by an average of 12.9% per year over the last three years.
AllianceBernstein National Municipal Income Fund Price Performance
Shares of AFB stock opened at $10.83 on Tuesday. AllianceBernstein National Municipal Income Fund has a one year low of $10.33 and a one year high of $11.95. The company’s 50-day moving average is $11.06 and its 200 day moving average is $11.22.
AllianceBernstein National Municipal Income Fund Company Profile
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.
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