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

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) declared a 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. The ex-dividend date of this dividend 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

Shares of AFB stock traded down $0.08 during trading hours on Tuesday, reaching $11.15. 87,845 shares of the company’s stock were exchanged, compared to its average volume of 65,623. The company’s 50 day moving average is $11.57 and its two-hundred day moving average is $11.19. AllianceBernstein National Municipal Income Fund has a 1 year low of $9.02 and a 1 year high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last issued its 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.