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

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) declared 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% annually over the last three years.

AllianceBernstein National Municipal Income Fund Price Performance

NYSE:AFB opened at $11.25 on Wednesday. The business has a fifty day simple moving average of $10.99 and a two-hundred day simple moving average of $11.30. AllianceBernstein National Municipal Income Fund has a 1 year low of $10.33 and a 1 year high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last posted its quarterly earnings results on Monday, December 30th. The investment management company reported $0.10 earnings per share 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.