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, January 27th,Wall Street Journal reports. Shareholders of record on Thursday, February 6th will be paid a dividend of 0.0396 per share by the investment management company on Friday, February 21st. This represents a $0.48 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Thursday, February 6th.

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

AllianceBernstein National Municipal Income Fund Stock Performance

AllianceBernstein National Municipal Income Fund stock remained flat at $11.04 during trading hours on Tuesday. 49,596 shares of the company’s stock were exchanged, compared to its average volume of 52,041. AllianceBernstein National Municipal Income Fund has a fifty-two week low of $10.33 and a fifty-two week high of $11.95. The stock has a 50 day moving average of $11.09 and a 200 day moving average of $11.32.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last released its quarterly earnings results on Monday, December 30th. The investment management company reported $0.10 earnings per share (EPS) for the quarter.

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.