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AllianceBernstein Holding LP (AllianceBernstein Holding LP) 3-Year Dividend Growth Rate : -2.10% (As of Dec. 2023)


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What is AllianceBernstein Holding LP 3-Year Dividend Growth Rate?

AllianceBernstein Holding LP's Dividends per Share for the three months ended in Dec. 2023 was $0.65.

The historical rank and industry rank for AllianceBernstein Holding LP's 3-Year Dividend Growth Rate or its related term are showing as below:

AB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -31.8   Med: 9.45   Max: 58.6
Current: -2.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of AllianceBernstein Holding LP was 58.60% per year. The lowest was -31.80% per year. And the median was 9.45% per year.

AB's 3-Year Dividend Growth Rate is ranked worse than
63.25% of 868 companies
in the Asset Management industry
Industry Median: 1.7 vs AB: -2.10

During the past 12 months, AllianceBernstein Holding LP's average Dividends Per Share Growth Rate was -26.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

AllianceBernstein Holding LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.84. As of today, AllianceBernstein Holding LP's Dividend Yield % is 8.02%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of AllianceBernstein Holding LP is 0.90, which seems too high.

Warning Sign:

AllianceBernstein Holding LP stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of AllianceBernstein Holding LP's 3-Year Dividend Growth Rate

For the Asset Management subindustry, AllianceBernstein Holding LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AllianceBernstein Holding LP's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AllianceBernstein Holding LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where AllianceBernstein Holding LP's 3-Year Dividend Growth Rate falls into.



AllianceBernstein Holding LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


AllianceBernstein Holding LP  (NYSE:AB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

AllianceBernstein Holding LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.65/ 0.77
=0.84

During the past 13 years, the highest Dividend Payout Ratio of AllianceBernstein Holding LP was 1.09. The lowest was 0.83. And the median was 0.93.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of AllianceBernstein Holding LP is 0.90, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

AllianceBernstein Holding LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7702024-02-162024-02-202024-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-11-032023-11-062023-11-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.6102023-08-042023-08-072023-08-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.6602023-05-052023-05-082023-05-25Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

AllianceBernstein Holding LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.69/33.56
=8.02 %

Current Share Price is $33.56.
AllianceBernstein Holding LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.69.

During the past 13 years, the highest Dividend Yield of AllianceBernstein Holding LP was 14.59%. The lowest was 4.80%. And the median was 8.06%.

Warning Sign:

AllianceBernstein Holding LP stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AllianceBernstein Holding LP 3-Year Dividend Growth Rate Related Terms>


AllianceBernstein Holding LP (AllianceBernstein Holding LP) Business Description

Traded in Other Exchanges
N/A
Address
501 Commerce Street, Nashville, TN, USA, 37203
AllianceBernstein provides investment management services to institutional (44% of assets under management), retail (39%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of October 2023, AB had $652 billion in managed assets, composed primarily of fixed-income (39% of AUM) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder. The company also provides sell-side research and brokerage services through its Sanford Bernstein subsidiary (which has been put in available-for-sale status following the joint venture agreement with Société Générale).
Executives
Thomas Simeone officer: Chief Accounting Officer ALLIANCEBERNSTEIN, 501 COMMERCE STREET, NASHVILLE TN 37203
Kate C Burke officer: Head of Human Capital and CTO /CO ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joan M Lammtennant director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Karl Sprules officer: Head of Global Tech and Ops C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark R Manley officer: SVP/Acting GC of Gen. Partner C/O ALLIANCE CAPITAL, 1345 AVENUE OF AMERICAS, NEW YORK NY 10105
Onur Erzan officer: Head, Gl. Cl. Grp. & Pr. Wlth. C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Stonehill Charles G.t. director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Todd Walthall director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Laurence E Cranch officer: General Counsel ALLIANCE CAPITAL MANAGEMENT L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ali Dibadj officer: CFO and Head of Strategy C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Bertram L Scott director C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
James A Gingrich officer: Chief Operating Officer C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Seth P Bernstein director, officer: President and CEO C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John C Weisenseel officer: Chief Financial Officer C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105