AllianceBernstein National Municipal Income Fund, Inc. (AFB) to Issue Monthly Dividend of $0.04 on March 21st

Posted by Linda Flegge on Feb 26th, 2025

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) announced a monthly dividend on Monday, February 24th, Wall Street Journal reports. Investors 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 yield of 4.23%. The ex-dividend date is Thursday, March 6th.

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

AllianceBernstein National Municipal Income Fund Stock Performance

AFB opened at $11.25 on Wednesday. AllianceBernstein National Municipal Income Fund has a 1-year low of $10.33 and a 1-year high of $11.95. The company’s fifty day moving average price is $10.99 and its two-hundred day moving average price is $11.30.

AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) last posted its earnings results on Monday, December 30th. The investment management company reported $0.10 earnings per share for the quarter.

About AllianceBernstein National Municipal Income Fund

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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.