AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Thursday, April 3rd will be given a dividend of 0.0396 per share by the investment management company on Friday, April 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend is Thursday, April 3rd.
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 Down 0.6 %
Shares of NYSE:AFB opened at $10.95 on Wednesday. The business’s 50-day moving average is $11.07 and its 200 day moving average is $11.24. AllianceBernstein National Municipal Income Fund has a 1 year low of $10.33 and a 1 year high of $11.95.
About AllianceBernstein National Municipal Income Fund
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.
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