AFB (Alliancebernstein National Muni Fd) Dividend Yield %: 5.12% (As of Jul. 06, 2026) — 20% Above Median


AFB Alliancebernstein National Muni Inc Fd AFB
30 GF Score
Price $11.38
! 7 Warning Signs
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What is Alliancebernstein National Muni Fd Dividend Yield %?

Alliancebernstein National Muni Fd AFB -0.09% 30 Dividend Yield % is 5.12% as of Jul. 06, 2026, which is 20% above its 10-year median of 4.28. GuruFocus rates AFB with a GF Scoreâ„¢ of 30/100. The stock has 7 warning signs investors should review. Among 1,114 Asset Management companies, Alliancebernstein National Muni Fd ranks worse than 57.99% on this metric.

As of today (2026-07-06), the Trailing Annual Dividend Yield of Alliancebernstein National Muni Fd is 5.12%.

Good Sign:

Alliancebernstein National Muni Inc Fd stock Dividend Yield % is close to 2-year high.

The historical rank and industry rank for Alliancebernstein National Muni Fd's Dividend Yield % or its related term are showing as below:

AFB' s Dividend Yield % Range Over the Past 10 Years
Min: 3.33   Med: 4.28   Max: 6.32
Current: 5.12

During the past 9 years, the highest Dividend Yield of Alliancebernstein National Muni Fd was 6.32%. The lowest was 3.33%. And the median was 4.28%.

AFB's Dividend Yield % is ranked worse than
57.99% of 1114 companies
in the Asset Management industry
Industry Median: 5.915 vs AFB: 5.12

Alliancebernstein National Muni Fd's Dividend Payout Ratio for the six months ended in Apr. 2026 was 2.74.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Alliancebernstein National Muni Inc Fd is 4.17, which seems too high.

During the past 9 years, the highest Dividend Payout Ratio of Alliancebernstein National Muni Fd was 4.17. The lowest was 0.19. And the median was 1.32.

As of today (2026-07-06), the Forward Dividend Yield % of Alliancebernstein National Muni Fd is 5.28%.

Alliancebernstein National Muni Fd's Dividends per Share for the six months ended in Apr. 2026 was $0.30.

During the past 12 months, Alliancebernstein National Muni Fd's average Dividends Per Share Growth Rate was 22.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Alliancebernstein National Muni Fd was 4.70% per year. The lowest was -13.80% per year. And the median was -3.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Alliancebernstein National Muni Fd  (NYSE:AFB) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Alliancebernstein National Muni Fd Dividend Yield % Related Terms

Alliancebernstein National Muni Fd Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Alliancebernstein National Muni Fd's Dividend Yield % can be seen below:

* 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 Dividend Yield % Chart

Alliancebernstein National Muni Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 4.36 5.67 4.45 3.56 4.45

Alliancebernstein National Muni Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.74 3.56 4.28 4.45 0.00

AFB vs RFMZ, PPT, PSBD: Dividend Yield % Comparison

For the Asset Management subindustry, Alliancebernstein National Muni Fd's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alliancebernstein National Muni Fd's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Alliancebernstein National Muni Fd's Dividend Yield % falls into.


AFB
30GF Score
Alliancebernstein National Muni Inc Fd AFB
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alliancebernstein National Muni Fd Dividend Yield % Calculation

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 0.0501802026-07-022026-07-022026-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802026-06-042026-06-042026-06-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802026-05-072026-05-072026-05-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802026-04-022026-04-022026-04-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802026-03-052026-03-052026-03-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802026-02-052026-02-052026-02-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802026-01-082026-01-082026-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802025-12-042025-12-042025-12-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0501802025-11-062025-11-062025-11-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.0465702025-10-022025-10-022025-10-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0465702025-09-042025-09-042025-09-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0396102025-08-072025-08-072025-08-22Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.58437/11.38
=5.14 %

Current Share Price is $11.38.
Alliancebernstein National Muni Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.58437.

Alliancebernstein National Muni Fd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.60216/11.38
=5.29 %

Current Share Price is $11.38.
Alliancebernstein National Muni Fd's Dividends per Share for the forward twelve months is calculated as $0.05018 * 12 = $0.60216.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 5.12% mean?
Alliancebernstein National Muni Fd (AFB) has a Dividend Yield % of 5.12% as of Jul. 06, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Alliancebernstein National Muni Fd and its competitors. This is 20% above median its historical median of 4.28. Over the past decade, Alliancebernstein National Muni Fd's Dividend Yield % has ranged from 3.33 to 6.32. According to the industry distribution chart, Alliancebernstein National Muni Fd ranks #646 out of 1114 companies in the Asset Management industry, placing it in the top 58%.
Is Alliancebernstein National Muni Fd's Dividend Yield % too high?
Alliancebernstein National Muni Fd's current Dividend Yield % of 5.12% is 20% above median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 6.32. The Asset Management industry median Dividend Yield % is 5.92. Alliancebernstein National Muni Fd's value of 5.12% is 13.4% below this industry median. Based on the distribution chart, Alliancebernstein National Muni Fd ranks #646 out of 1114 companies in the Asset Management industry, which is below the industry midpoint. Overall, Alliancebernstein National Muni Fd has a GF Scoreâ„¢ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Alliancebernstein National Muni Fd's Dividend Yield % compare to RFMZ and PPT?
According to the Asset Management industry distribution chart, Alliancebernstein National Muni Fd ranks #646 out of 1114 companies for Dividend Yield %. This places Alliancebernstein National Muni Fd in the lower half of its industry. The industry median Dividend Yield % is 5.92. Alliancebernstein National Muni Fd's value of 5.12% is 13.4% below this benchmark. Historically, Alliancebernstein National Muni Fd's own Dividend Yield % has ranged from 3.33 to 6.32 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 5.92, Alliancebernstein National Muni Fd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.92, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alliancebernstein National Muni Fd's current Dividend Yield % of 5.12% is 13.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Alliancebernstein National Muni Fd and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliancebernstein National Muni Fd's current Dividend Yield % is 5.12%, which is 20% above median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliancebernstein National Muni Fd stock overvalued right now?
Alliancebernstein National Muni Fd (AFB) has a current Dividend Yield % of 5.12%. The current Dividend Yield % is 5.12%, which is 20% above median its 10-year median of 4.28 and 13.4% below the Asset Management industry median of 5.92. Alliancebernstein National Muni Fd's overall GF Score™ is 30/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Alliancebernstein National Muni Fd (AFB), the current Dividend Yield % is 5.12% as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alliancebernstein National Muni Fd Business Description

Address 66 Hudson Boulevard East, New York, NY, USA, 10005
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.
30GF Score

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Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.38
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