AllianceBernstein National Municipal Income Fund, Inc. Plans Monthly Dividend of $0.04 (NYSE:AFB)

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) announced a monthly dividend on Monday, December 23rd,NASDAQ Dividends reports. Shareholders of record on Thursday, January 2nd will be paid a dividend of 0.0396 per share by the investment management company on Friday, January 17th. This represents a $0.48 annualized dividend and a yield of 4.40%. The ex-dividend date is Thursday, January 2nd.

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 NYSE AFB opened at $10.81 on Wednesday. AllianceBernstein National Municipal Income Fund has a 1-year low of $10.33 and a 1-year high of $11.95. The business has a fifty day moving average price of $11.31 and a 200 day moving average price of $11.35.

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

About AllianceBernstein National Municipal Income Fund

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.