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

Posted by Donna Armstrong on Mar 25th, 2025

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Shareholders of record on Thursday, April 3rd will be paid 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 yield of 4.34%. The ex-dividend date is Thursday, April 3rd.

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

AllianceBernstein National Municipal Income Fund stock traded down $0.07 during mid-day trading on Tuesday, hitting $10.95. 79,417 shares of the company were exchanged, compared to its average volume of 65,906. AllianceBernstein National Municipal Income Fund has a 12-month low of $10.33 and a 12-month high of $11.95. The business’s 50 day simple moving average is $11.06 and its two-hundred day simple moving average is $11.25.

AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) last announced 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.