AllianceBernstein Natnl Muncpl Incm Fnd. (AFB) Declares Monthly Dividend of $0.05
AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE:AFB) announced a monthly dividend on Tuesday, October 24th, Wall Street Journal reports. Shareholders of record on Friday, November 3rd will be paid a dividend of 0.0521 per share by the investment management company on Friday, November 17th. This represents a $0.62 annualized dividend and a yield of 4.50%. The ex-dividend date is Thursday, November 2nd.
AllianceBernstein Natnl Muncpl Incm Fnd. has decreased its dividend by an average of 7.2% per year over the last three years.
Shares of AllianceBernstein Natnl Muncpl Incm Fnd. (AFB) traded down 0.36% during midday trading on Tuesday, reaching $13.87. The company’s stock had a trading volume of 66,835 shares. AllianceBernstein Natnl Muncpl Incm Fnd. has a 52-week low of $12.83 and a 52-week high of $14.22. The stock has a 50 day moving average price of $13.96 and a 200-day moving average price of $13.79.
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AllianceBernstein Natnl Muncpl Incm Fnd. Company Profile
AllianceBernstein National Municipal Income Fund is a diversified, closed-end management investment company. The Fund seeks to provide high current income exempt from regular federal income tax by investing substantially all of its net assets in municipal securities that pay interest that is exempt from federal income tax.
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