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

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) announced a monthly dividend on Monday, October 28th, NASDAQ reports. Stockholders of record on Thursday, November 7th will be paid a dividend of 0.0396 per share by the investment management company on Friday, November 22nd. This represents a $0.48 annualized dividend and a dividend yield of 4.21%. The ex-dividend date is Thursday, November 7th.

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

AFB opened at $11.28 on Tuesday. AllianceBernstein National Municipal Income Fund has a 52 week low of $9.41 and a 52 week high of $11.95. The stock’s fifty day moving average is $11.55 and its two-hundred day moving average is $11.21.

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