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

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) declared a monthly dividend on Tuesday, February 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 6th will be paid a dividend of 0.0396 per share by the investment management company on Friday, March 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date of this dividend is Thursday, March 6th.

AllianceBernstein National Municipal Income Fund has decreased its dividend payment by an average of 12.9% annually over the last three years.

AllianceBernstein National Municipal Income Fund Stock Up 0.4 %

AllianceBernstein National Municipal Income Fund stock traded up $0.05 during mid-day trading on Tuesday, hitting $11.25. 63,198 shares of the stock were exchanged, compared to its average volume of 59,343. AllianceBernstein National Municipal Income Fund has a 12 month low of $10.33 and a 12 month high of $11.95. The firm’s fifty day simple moving average is $10.99 and its two-hundred day simple moving average is $11.30.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last announced its earnings results on Monday, December 30th. The investment management company reported $0.10 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.