AllianceBernstein National Municipal Income Fund Dividend
Dividend criteria checks 2/6
AllianceBernstein National Municipal Income Fund is a dividend paying company with a current yield of 3.72%. Next payment date is on 17th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
3.7%
Dividend yield
-952%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 17 May 24 |
Ex dividend date | 02 May 24 |
Dividend per share | n/a |
Earnings per share | -US$0.042 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Alliance Bernstein National Municipal Income declares $0.0327 dividend
Feb 22AllianceBernstein National Municipal Income declares $0.0327 dividend
Jan 25AllianceBernstein National Municipal Income declares $0.0327 dividend
Dec 28AllianceBernstein National Municipal Income declares $0.0448 dividend
Oct 25AllianceBernstein National Municipal Income declares $0.0447 dividend
Sep 27AllianceBernstein National Municipal Income declares $0.0448 dividend
Aug 23AllianceBernstein National Municipal Income goes ex-dividend tomorrow
Jul 06AllianceBernstein National Municipal Income declares $0.0533 dividend
Apr 26AllianceBernstein National Municipal Income declares $0.05326 dividend
Dec 28AllianceBernstein National Municipal Income declares $0.05326 dividend
Nov 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFB's dividend payments have been volatile in the past 10 years.
Growing Dividend: AFB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
AllianceBernstein National Municipal Income Fund Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AFB) | 3.7% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (AFB) | n/a |
Notable Dividend: AFB's dividend (3.72%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: AFB's dividend (3.72%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: AFB is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.4%), AFB's dividend payments are covered by cash flows.