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Alliancebernstein National Muni Fd (Alliancebernstein National Muni Fd) 3-Year Dividend Growth Rate : -12.90% (As of Oct. 2023)


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What is Alliancebernstein National Muni Fd 3-Year Dividend Growth Rate?

Alliancebernstein National Muni Fd's Dividends per Share for the six months ended in Oct. 2023 was $0.20.

The historical rank and industry rank for Alliancebernstein National Muni Fd's 3-Year Dividend Growth Rate or its related term are showing as below:

AFB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.9   Med: -0.4   Max: 4.7
Current: -12.9

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Alliancebernstein National Muni Fd was 4.70% per year. The lowest was -12.90% per year. And the median was -0.40% per year.

AFB's 3-Year Dividend Growth Rate is ranked worse than
90.42% of 866 companies
in the Asset Management industry
Industry Median: 1.8 vs AFB: -12.90

During the past 12 months, Alliancebernstein National Muni Fd's average Dividends Per Share Growth Rate was -31.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.40% 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 National Muni Fd's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, Alliancebernstein National Muni Fd's Dividend Yield % is 3.61%.

Warning Sign:

Alliancebernstein National Muni Inc Fd stock dividend yield is close to 10-year low.

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


Competitive Comparison of Alliancebernstein National Muni Fd's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Alliancebernstein National Muni Fd'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 National Muni Fd's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alliancebernstein National Muni Fd's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Alliancebernstein National Muni Fd's 3-Year Dividend Growth Rate falls into.



Alliancebernstein National Muni Fd 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 National Muni Fd  (NYSE:AFB) 3-Year Dividend Growth Rate Explanation

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

Alliancebernstein National Muni Fd's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.196/ -1.37
=N/A

During the past 7 years, the highest Dividend Payout Ratio of Alliancebernstein National Muni Fd was 2.88. The lowest was 0.29. And the median was 1.32.

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

Alliancebernstein National Muni Fd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0326602024-05-022024-05-032024-05-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602024-04-042024-04-052024-04-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602024-03-072024-03-082024-03-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602024-02-012024-02-022024-02-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602024-01-042024-01-052024-01-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602023-12-072023-12-082023-12-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602023-11-022023-11-032023-11-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602023-10-052023-10-062023-10-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602023-09-072023-09-082023-09-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602023-08-032023-08-042023-08-18Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602023-07-062023-07-072023-07-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.0326602023-06-012023-06-022023-06-16Cash DividendmonthlyUSD: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 National Muni Fd's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.39192/10.85
=3.61 %

Current Share Price is $10.85.
Alliancebernstein National Muni Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.39192.

During the past 7 years, the highest Dividend Yield of Alliancebernstein National Muni Fd was 6.32%. The lowest was 3.55%. And the median was 4.35%.

Warning Sign:

Alliancebernstein National Muni Inc Fd stock dividend yield is close to 10-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 National Muni Fd 3-Year Dividend Growth Rate Related Terms>


Alliancebernstein National Muni Fd (Alliancebernstein National Muni Fd) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Alliancebernstein National Muni Inc Fd is a diversified, closed-end management investment company. It seeks to provide high current income exempt from regular federal income tax by investing substantially all of its net assets in municipal securities that pay interest that is exempt from federal income tax.
Executives
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Daryl Clements officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Andrew Potter officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Garry L Moody director 10951 GULF SHORE DRIVE, APT. 1201, NAPLES FL 34108
Joan M Lammtennant other: Director of Fund's Adviser 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Marshall C Turner director 220 MONTGOMERY ST, PENTHOUSE 10, SAN FRANCISCO CA 94104
Todd Walthall other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Onur Erzan director, officer: President & CEO C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jeanette W Loeb director 895 PARK AVENUE, NEW YORK NY 10075
Karl Sprules other: Head GTO of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Carol Mcmullen director 1345 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10105
Bertram L Scott other: Director of Fund's Adviser C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Jorge A. Bermudez director CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Nella Domenici other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105