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

Posted by Jeff Wilder on Sep 25th, 2024

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) announced a monthly dividend on Monday, September 23rd, Wall Street Journal reports. Investors of record on Thursday, October 3rd will be paid a dividend of 0.0396 per share by the investment management company on Friday, October 18th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Thursday, October 3rd. This is a positive change 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 Stock Up 0.2 %

AFB opened at $11.64 on Wednesday. AllianceBernstein National Municipal Income Fund has a 12 month low of $8.95 and a 12 month high of $11.81. The firm’s fifty day simple moving average is $11.42 and its 200 day simple moving average is $11.05.

AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) last issued its quarterly earnings results on Friday, June 28th. The investment management company reported $0.10 EPS for the quarter.

AllianceBernstein National Municipal Income Fund Company Profile

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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.