AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) to Issue Dividend Increase – $0.05 Per Share

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) announced a monthly dividend on Monday, February 23rd. Investors of record on Thursday, March 5th will be given a dividend of 0.0502 per share by the investment management company on Friday, March 20th. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Thursday, March 5th. This is a 0.0% increase from AllianceBernstein National Municipal Income Fund’s previous monthly dividend of $0.05.

AllianceBernstein National Municipal Income Fund Price Performance

NYSE AFB traded up $0.01 on Tuesday, hitting $11.05. The stock had a trading volume of 16,279 shares, compared to its average volume of 119,469. The business’s fifty day moving average price is $10.91 and its 200 day moving average price is $10.80. AllianceBernstein National Municipal Income Fund has a 52-week low of $9.78 and a 52-week high of $11.34.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last posted its quarterly earnings data on Friday, December 26th. The investment management company reported $0.13 earnings per share for the quarter.

AllianceBernstein National Municipal Income Fund Company Profile

AllianceBernstein National Municipal Income Fund (NYSE: AFB) is a closed-end management investment company that primarily seeks to provide shareholders with a high level of federally tax-exempt income. The fund invests predominantly in a diversified portfolio of investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. These instruments include general obligation bonds, revenue bonds and other municipal debt obligations that offer tax-advantaged income potential for investors.

Under the management of AllianceBernstein L.P., the fund’s portfolio is constructed and monitored by a dedicated team of municipal credit analysts and portfolio managers.