AllianceBernstein National Municipal Income Fund, Inc. Announces Monthly Dividend of $0.05 (NYSE:AFB)

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) announced a monthly dividend on Monday, August 24th. Stockholders of record on Thursday, September 3rd will be paid a dividend of 0.0502 per share by the investment management company on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Thursday, September 3rd.

AllianceBernstein National Municipal Income Fund Stock Performance

Shares of AFB stock opened at $10.93 on Tuesday. The company’s 50-day simple moving average is $11.14 and its two-hundred day simple moving average is $11.02. AllianceBernstein National Municipal Income Fund has a one year low of $10.25 and a one year high of $11.50.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last issued its earnings results on Friday, June 26th. The investment management company reported $0.15 EPS for the quarter.

About AllianceBernstein National Municipal Income Fund

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.