AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) Increases Dividend to $0.07 Per Share

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Get Free Report) declared a monthly dividend on Monday, October 26th. Shareholders of record on Thursday, November 5th will be paid a dividend of $0.0670 per share by the investment management company on Friday, November 20th. This represents a $0.80 annualized dividend and a yield of 8.0%. The ex-dividend date is Thursday, November 5th. This is a 33.5% increase from AllianceBernstein National Municipal Income Fund’s previous monthly dividend of $0.0502.

AllianceBernstein National Municipal Income Fund Price Performance

NYSE:AFB opened at $10.11 on Tuesday. The business has a fifty day simple moving average of $10.14 and a two-hundred day simple moving average of $10.79. AllianceBernstein National Municipal Income Fund has a 1 year low of $9.28 and a 1 year high of $11.50.

AllianceBernstein National Municipal Income Fund (NYSE:AFB – Get Free Report) last issued its earnings results on Friday, September 25th. The investment management company reported $0.16 earnings per share (EPS) for the quarter.

About AllianceBernstein National Municipal Income Fund

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AllianceBernstein National Municipal Income Fund (NYSE: AFB) is a closed-end investment company that seeks to provide a high level of current income exempt from regular U.S. federal income tax. The fund invests primarily in municipal debt securities issued by states, cities, counties, public authorities and other governmental entities.

Managed by AllianceBernstein L.P., the fund provides investors with access to a diversified portfolio of tax-exempt municipal bonds across the United States.

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Dividend History for AllianceBernstein National Municipal Income Fund (NYSE:AFB)

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