AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) Increases Dividend to $0.04 Per Share

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) declared a monthly dividend on Monday, September 23rd, Wall Street Journal reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of 0.0396 per share by the investment management company on Friday, October 18th. This represents a $0.48 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a boost from AllianceBernstein National Municipal Income Fund’s previous monthly dividend of $0.04.

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

AllianceBernstein National Municipal Income Fund Stock Up 0.6 %

Shares of AllianceBernstein National Municipal Income Fund stock opened at $11.88 on Wednesday. The business has a 50-day simple moving average of $11.47 and a 200 day simple moving average of $11.08. AllianceBernstein National Municipal Income Fund has a one year low of $8.95 and a one year high of $11.88.

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