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

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

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

AllianceBernstein National Municipal Income Fund Stock Up 0.4 %

NYSE AFB traded up $0.05 on Tuesday, hitting $11.25. 63,198 shares of the company were exchanged, compared to its average volume of 59,343. The stock has a fifty day moving average of $10.99 and a 200-day moving average of $11.30. AllianceBernstein National Municipal Income Fund has a 12 month low of $10.33 and a 12 month high of $11.95.

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