AFB AllianceBernstein National Municipal Income Fund — distribution yield, history & ex-dividend dates
$10.26
▲
$0.01(0.10%)
as of Sep 14, 2026 03:06 UTC
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AllianceBernstein National Municipal Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax. The fund seeks to invest in bonds rated Baa/BBB or higher. It employs both quantitative and fundamental analysis to create its portfolio. AllianceBernstein National Municipal Income Fund, Inc. was formed on November 9, 2001 and is domiciled in the United States.
Distribution Snapshot
StatusGrowing
Last Distribution$0.0502Pays Sep 18, 2026
Forward Annual$0.60
FrequencyMonthly
Last Ex-DateSep 03, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth22.7%Annual totals, 2024–2025
10-Yr Growth-4.4%Annual totals, 2015–2025
Key Metrics
Distribution Yield
5.87%
At the Sep 14, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Distribution
$0.6022
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
M Monthly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
62.6
As of Sep 14, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
17
As of Sep 14, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$10.25 – $11.50
Closes through Sep 11, 2026
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
n/a
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
24
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
0.85
Price as of Sep 14, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
S
Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 63/100, yield 5.87%.
A
Accelerating
Dividend growth has stalled — 2 consecutive annual increase(s), under the 3 this check looks for.
F
Flawless
A dividend cut or reduction appears in the record.
E
Enduring
24 years of dividend payments on record.
Quote & Key Data
ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume52,100Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$10.23Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$10.23 – $10.32Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$10.25Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$294.92MAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out28.74MImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPSn/aEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/En/aPrice-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 03, 2026Pays Sep 18, 2026The most recent ex-dividend date that has already passed.
Next Ex-Date-None declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Distribution Growth
3-Yr Growth (CAGR)-2.6%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)-3.3%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases2 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.
Why the Yield Moved (90 Days)
AFB's distribution yield rose from 5.33% to 5.87% over the past ~90 days (+0.54 pp). Of that move, +0.00 pp came from changes in the distribution rate and +0.54 pp from the share price ($11.29 on Jun 16, 2026 → $10.26 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Current5.87%
1-Yr Average5.44%
Low / High4.56% – 5.87%
Percentile99%
Across 319 daily observations over the past 15 months (through Sep 11, 2026), AFB's current yield is higher than approximately 99% of them. Our stored price history for AFB covers the past 15 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Distribution History
Distribution Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.0502 M | Regular | Aug 24, 2026 | Sep 03, 2026 | Sep 03, 2026 | Sep 18, 2026 |
| $0.0502 M | Regular | Jul 27, 2026 | Aug 06, 2026 | Aug 06, 2026 | Aug 21, 2026 |
| $0.0502 M | Regular | Jun 22, 2026 | Jul 02, 2026 | Jul 02, 2026 | Jul 17, 2026 |
| $0.0502 M | Regular | May 22, 2026 | Jun 04, 2026 | Jun 04, 2026 | Jun 26, 2026 |
| $0.0502 M | Regular | Apr 27, 2026 | May 07, 2026 | May 07, 2026 | May 15, 2026 |
| $0.0502 M | Regular | Mar 23, 2026 | Apr 02, 2026 | Apr 02, 2026 | Apr 17, 2026 |
| $0.0502 M | Regular | Feb 23, 2026 | Mar 05, 2026 | Mar 05, 2026 | Mar 20, 2026 |
| $0.0502 M | Regular | Jan 26, 2026 | Feb 05, 2026 | Feb 05, 2026 | Feb 20, 2026 |
| $0.0502 M | Regular | Dec 29, 2025 | Jan 08, 2026 | Jan 08, 2026 | Jan 16, 2026 |
| $0.0502 M | Regular | Nov 24, 2025 | Dec 04, 2025 | Dec 04, 2025 | Dec 19, 2025 |
| $0.0502 M | Regular | Oct 22, 2025 | Nov 06, 2025 | Nov 06, 2025 | Nov 21, 2025 |
| $0.0466 M | Regular | Sep 22, 2025 | Oct 02, 2025 | Oct 02, 2025 | Oct 17, 2025 |
| $0.0466 M | Regular | Aug 25, 2025 | Sep 04, 2025 | Sep 04, 2025 | Sep 19, 2025 |
| $0.0396 M | Regular | Jul 28, 2025 | Aug 07, 2025 | Aug 07, 2025 | Aug 22, 2025 |
| $0.0396 M | Regular | Jun 23, 2025 | Jul 03, 2025 | Jul 03, 2025 | Jul 18, 2025 |
| $0.0396 M | Regular | May 23, 2025 | Jun 05, 2025 | Jun 05, 2025 | Jun 20, 2025 |
| $0.0396 I | Regular | Apr 21, 2025 | May 01, 2025 | May 01, 2025 | May 16, 2025 |
| $0.0396 M | Regular | Mar 24, 2025 | Apr 03, 2025 | Apr 03, 2025 | Apr 25, 2025 |
| $0.0396 M | Regular | Feb 24, 2025 | Mar 06, 2025 | Mar 06, 2025 | Mar 21, 2025 |
| $0.0396 M | Regular | Jan 27, 2025 | Feb 06, 2025 | Feb 06, 2025 | Feb 21, 2025 |
| $0.0396 M | Regular | Dec 23, 2024 | Jan 02, 2025 | Jan 02, 2025 | Jan 17, 2025 |
| $0.0396 M | Regular | Nov 25, 2024 | Dec 05, 2024 | Dec 05, 2024 | Dec 20, 2024 |
| $0.0396 M | Regular | Oct 28, 2024 | Nov 07, 2024 | Nov 07, 2024 | Nov 22, 2024 |
| $0.0396 M | Regular | Sep 23, 2024 | Oct 03, 2024 | Oct 03, 2024 | Oct 18, 2024 |
| $0.0359 M | Regular | Aug 26, 2024 | Sep 05, 2024 | Sep 05, 2024 | Sep 20, 2024 |
| $0.0327 I | Regular | Jul 23, 2024 | Aug 01, 2024 | Aug 01, 2024 | Aug 16, 2024 |
| $0.0327 M | Regular | Jul 01, 2024 | Jul 11, 2024 | Jul 11, 2024 | Jul 26, 2024 |
| $0.0327 M | Regular | May 24, 2024 | Jun 06, 2024 | Jun 06, 2024 | Jun 21, 2024 |
| $0.0327 M | Regular | Apr 23, 2024 | May 02, 2024 | May 03, 2024 | May 17, 2024 |
| $0.0327 M | Regular | Mar 26, 2024 | Apr 04, 2024 | Apr 05, 2024 | Apr 19, 2024 |
| $0.0327 M | Regular | Feb 27, 2024 | Mar 07, 2024 | Mar 08, 2024 | Mar 22, 2024 |
| $0.0327 M | Regular | Jan 23, 2024 | Feb 01, 2024 | Feb 02, 2024 | Feb 16, 2024 |
| $0.0327 M | Regular | Dec 26, 2023 | Jan 04, 2024 | Jan 05, 2024 | Jan 19, 2024 |
| $0.0327 M | Regular | Nov 28, 2023 | Dec 07, 2023 | Dec 08, 2023 | Dec 22, 2023 |
| $0.0327 M | Regular | Oct 24, 2023 | Nov 02, 2023 | Nov 03, 2023 | Nov 17, 2023 |
| $0.0327 M | Regular | Sep 26, 2023 | Oct 05, 2023 | Oct 06, 2023 | Oct 20, 2023 |
| $0.0327 M | Regular | Aug 29, 2023 | Sep 07, 2023 | Sep 08, 2023 | Sep 22, 2023 |
| $0.0327 M | Regular | Jul 25, 2023 | Aug 03, 2023 | Aug 04, 2023 | Aug 18, 2023 |
| $0.0327 M | Regular | Jun 27, 2023 | Jul 06, 2023 | Jul 07, 2023 | Jul 21, 2023 |
| $0.0327 M | Regular | May 23, 2023 | Jun 01, 2023 | Jun 02, 2023 | Jun 16, 2023 |
| $0.0327 M | Regular | Apr 25, 2023 | May 04, 2023 | May 05, 2023 | May 19, 2023 |
| $0.0327 M | Regular | Apr 04, 2023 | Apr 13, 2023 | Apr 14, 2023 | Apr 28, 2023 |
| $0.0327 M | Regular | Feb 21, 2023 | Mar 02, 2023 | Mar 03, 2023 | Mar 17, 2023 |
| $0.0330 M | Regular | Jan 24, 2023 | Feb 02, 2023 | Feb 03, 2023 | Feb 17, 2023 |
| $0.0330 M | Regular | Dec 27, 2022 | Jan 05, 2023 | Jan 06, 2023 | Jan 20, 2023 |
| $0.0330 M | Regular | Nov 21, 2022 | Dec 01, 2022 | Dec 02, 2022 | Dec 16, 2022 |
| $0.0450 M | Regular | Oct 25, 2022 | Nov 03, 2022 | Nov 04, 2022 | Nov 18, 2022 |
| $0.0450 M | Regular | Sep 27, 2022 | Oct 06, 2022 | Oct 07, 2022 | Oct 21, 2022 |
| $0.0450 M | Regular | Aug 23, 2022 | Sep 01, 2022 | Sep 02, 2022 | Sep 16, 2022 |
| $0.0450 M | Regular | Jul 26, 2022 | Aug 04, 2022 | Aug 05, 2022 | Aug 19, 2022 |
| $0.0450 M | Regular | Jun 27, 2022 | Jul 07, 2022 | Jul 08, 2022 | Jul 22, 2022 |
| $0.0450 M | Regular | May 24, 2022 | Jun 02, 2022 | Jun 03, 2022 | Jun 17, 2022 |
| $0.0450 M | Regular | Apr 26, 2022 | May 05, 2022 | May 06, 2022 | May 20, 2022 |
| $0.0450 M | Regular | Mar 29, 2022 | Apr 07, 2022 | Apr 08, 2022 | Apr 22, 2022 |
| $0.0530 M | Regular | Feb 22, 2022 | Mar 03, 2022 | Mar 04, 2022 | Mar 18, 2022 |
| $0.0530 M | Regular | Jan 25, 2022 | Feb 03, 2022 | Feb 04, 2022 | Feb 18, 2022 |
| $0.0530 M | Regular | Dec 28, 2021 | Jan 06, 2022 | Jan 07, 2022 | Jan 21, 2022 |
| $0.0530 M | Regular | Nov 22, 2021 | Dec 02, 2021 | Dec 03, 2021 | Dec 17, 2021 |
| $0.0530 M | Regular | Oct 25, 2021 | Nov 04, 2021 | Nov 05, 2021 | Nov 19, 2021 |
| $0.0530 M | Regular | Sep 27, 2021 | Oct 07, 2021 | Oct 08, 2021 | Oct 15, 2021 |
| $0.0530 M | Regular | Aug 23, 2021 | Sep 02, 2021 | Sep 03, 2021 | Sep 17, 2021 |
| $0.0530 M | Regular | Jul 26, 2021 | Aug 05, 2021 | Aug 06, 2021 | Aug 20, 2021 |
| $0.0533 M | Regular | Jun 21, 2021 | Jul 01, 2021 | Jul 02, 2021 | Jul 16, 2021 |
| $0.0530 M | Regular | May 21, 2021 | Jun 03, 2021 | Jun 04, 2021 | Jun 18, 2021 |
| $0.0530 M | Regular | Apr 26, 2021 | May 06, 2021 | May 07, 2021 | May 21, 2021 |
| $0.0530 M | Regular | Mar 29, 2021 | Apr 08, 2021 | Apr 09, 2021 | Apr 23, 2021 |
| $0.0530 M | Regular | Feb 22, 2021 | Mar 04, 2021 | Mar 05, 2021 | Mar 19, 2021 |
| $0.0530 M | Regular | Jan 25, 2021 | Feb 04, 2021 | Feb 05, 2021 | Feb 19, 2021 |
| $0.0530 M | Regular | Dec 28, 2020 | Jan 07, 2021 | Jan 08, 2021 | Jan 15, 2021 |
| $0.0013 S | Regular | Dec 04, 2020 | Dec 17, 2020 | Dec 18, 2020 | Jan 15, 2021 |
| $0.0533 M | Regular | Nov 23, 2020 | Dec 03, 2020 | Dec 04, 2020 | Dec 18, 2020 |
| $0.0530 M | Regular | Oct 26, 2020 | Nov 05, 2020 | Nov 06, 2020 | Nov 20, 2020 |
| $0.0533 M | Regular | Sep 21, 2020 | Oct 01, 2020 | Oct 02, 2020 | Oct 16, 2020 |
| $0.0533 M | Regular | Aug 24, 2020 | Sep 03, 2020 | Sep 04, 2020 | Sep 18, 2020 |
| $0.0533 M | Regular | Jul 27, 2020 | Aug 06, 2020 | Aug 07, 2020 | Aug 21, 2020 |
| $0.0533 M | Regular | Jun 29, 2020 | Jul 09, 2020 | Jul 10, 2020 | Jul 24, 2020 |
| $0.0533 M | Regular | May 22, 2020 | Jun 04, 2020 | Jun 05, 2020 | Jun 19, 2020 |
| $0.0458 M | Regular | Apr 27, 2020 | May 07, 2020 | May 08, 2020 | May 22, 2020 |
| $0.0458 M | Regular | Mar 23, 2020 | Apr 02, 2020 | Apr 03, 2020 | Apr 17, 2020 |
| $0.0458 M | Regular | Feb 24, 2020 | Mar 05, 2020 | Mar 06, 2020 | Mar 20, 2020 |
| $0.0458 M | Regular | Jan 27, 2020 | Feb 06, 2020 | Feb 07, 2020 | Feb 21, 2020 |
| $0.0458 M | Regular | Dec 20, 2019 | Jan 02, 2020 | Jan 03, 2020 | Jan 17, 2020 |
| $0.0458 M | Regular | Nov 22, 2019 | Dec 05, 2019 | Dec 06, 2019 | Dec 20, 2019 |
| $0.0458 M | Regular | Oct 28, 2019 | Nov 07, 2019 | Nov 08, 2019 | Nov 15, 2019 |
| $0.0458 M | Regular | Sep 23, 2019 | Oct 03, 2019 | Oct 04, 2019 | Oct 18, 2019 |
| $0.0458 M | Regular | Aug 23, 2019 | Sep 05, 2019 | Sep 06, 2019 | Sep 20, 2019 |
| $0.0460 M | Regular | Jul 22, 2019 | Aug 01, 2019 | Aug 02, 2019 | Aug 16, 2019 |
| $0.0458 M | Regular | Jun 28, 2019 | Jul 11, 2019 | Jul 12, 2019 | Jul 19, 2019 |
| $0.0458 M | Regular | May 24, 2019 | Jun 06, 2019 | Jun 07, 2019 | Jun 21, 2019 |
| $0.0458 M | Regular | Apr 22, 2019 | May 02, 2019 | May 03, 2019 | May 17, 2019 |
| $0.0458 M | Regular | Mar 25, 2019 | Apr 04, 2019 | Apr 05, 2019 | Apr 26, 2019 |
| $0.0458 M | Regular | Feb 25, 2019 | Mar 07, 2019 | Mar 08, 2019 | Mar 15, 2019 |
| $0.0458 M | Regular | Jan 28, 2019 | Feb 07, 2019 | Feb 08, 2019 | Feb 15, 2019 |
| $0.0458 M | Regular | Dec 21, 2018 | Jan 03, 2019 | Jan 04, 2019 | Jan 18, 2019 |
| $0.0458 M | Regular | Nov 26, 2018 | Dec 06, 2018 | Dec 07, 2018 | Dec 21, 2018 |
| $0.0460 M | Regular | Oct 22, 2018 | Nov 01, 2018 | Nov 02, 2018 | Nov 16, 2018 |
| $0.0458 M | Regular | Sep 24, 2018 | Oct 04, 2018 | Oct 05, 2018 | Oct 19, 2018 |
| $0.0458 M | Regular | Aug 24, 2018 | Sep 06, 2018 | Sep 07, 2018 | Sep 21, 2018 |
| $0.0458 M | Regular | Jul 23, 2018 | Aug 02, 2018 | Aug 03, 2018 | Aug 17, 2018 |
| $0.0458 M | Regular | Jun 22, 2018 | Jul 05, 2018 | Jul 06, 2018 | Jul 20, 2018 |
| $0.0458 M | Regular | May 25, 2018 | Jun 07, 2018 | Jun 08, 2018 | Jun 22, 2018 |
| $0.0458 M | Regular | Apr 23, 2018 | May 03, 2018 | May 04, 2018 | May 18, 2018 |
| $0.0458 M | Regular | Mar 26, 2018 | Apr 05, 2018 | Apr 06, 2018 | Apr 20, 2018 |
| $0.0460 M | Regular | Feb 16, 2018 | Mar 01, 2018 | Mar 02, 2018 | Mar 16, 2018 |
| $0.0460 M | Regular | Jan 22, 2018 | Feb 01, 2018 | Feb 02, 2018 | Feb 16, 2018 |
| $0.0458 M | Regular | Dec 21, 2017 | Jan 04, 2018 | Jan 05, 2018 | Jan 19, 2018 |
| $0.0520 M | Regular | Nov 27, 2017 | Dec 07, 2017 | Dec 08, 2017 | Dec 15, 2017 |
| $0.0520 M | Regular | Oct 23, 2017 | Nov 02, 2017 | Nov 03, 2017 | Nov 17, 2017 |
| $0.0520 M | Regular | Sep 25, 2017 | Oct 05, 2017 | Oct 06, 2017 | Oct 20, 2017 |
| $0.0520 M | Regular | Aug 25, 2017 | Sep 07, 2017 | Sep 08, 2017 | Sep 15, 2017 |
| $0.0520 M | Regular | Jul 24, 2017 | Aug 02, 2017 | Aug 04, 2017 | Aug 18, 2017 |
| $0.0520 M | Regular | Jun 23, 2017 | Jul 05, 2017 | Jul 07, 2017 | Jul 21, 2017 |
| $0.0520 M | Regular | May 30, 2017 | Jun 07, 2017 | Jun 09, 2017 | Jun 16, 2017 |
| $0.0520 M | Regular | Apr 25, 2017 | May 03, 2017 | May 05, 2017 | May 19, 2017 |
| $0.0520 M | Regular | Mar 27, 2017 | Apr 05, 2017 | Apr 07, 2017 | Apr 21, 2017 |
| $0.0520 M | Regular | Feb 17, 2017 | Mar 01, 2017 | Mar 03, 2017 | Mar 17, 2017 |
| $0.0552 M | Regular | Jan 23, 2017 | Feb 01, 2017 | Feb 03, 2017 | Feb 17, 2017 |
| $0.0552 M | Regular | Dec 22, 2016 | Jan 04, 2017 | Jan 06, 2017 | Jan 20, 2017 |
| $0.0552 M | Regular | Nov 28, 2016 | Dec 07, 2016 | Dec 09, 2016 | Dec 16, 2016 |
| $0.0552 M | Regular | Oct 24, 2016 | Nov 02, 2016 | Nov 04, 2016 | Nov 18, 2016 |
Peer Comparison
Selected closed-end fund distribution payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| ENI-UN.TO | Energy Income Fund | 5.02% | 0.0% | 0 yrs | 88 |
| SOR | Source Capital, Inc. | 5.42% | 8.8% | 0 yrs | 87 |
| MXF | The Mexico Fund, Inc. | 6.57% | 16.9% | 4 yrs | 85 |
| FCR-UN.TO | First Capital Real Estate Investment Trust | 4.03% | 0.6% | 1 yr | 84 |
Related Guides & Lists
AFB dividend — frequently asked questions
Does AllianceBernstein National Municipal Income Fund pay a dividend?
Yes. AllianceBernstein National Municipal Income Fund (AFB) currently pays a dividend. The annualized dividend is about $0.60 per share, a yield of approximately 5.87%.
What is AllianceBernstein National Municipal Income Fund's dividend yield?
AllianceBernstein National Municipal Income Fund's dividend yield is approximately 5.87%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does AllianceBernstein National Municipal Income Fund pay dividends?
AllianceBernstein National Municipal Income Fund pays dividends monthly — 12 times per year.
How long has AllianceBernstein National Municipal Income Fund paid dividends?
AllianceBernstein National Municipal Income Fund has 24 years of dividend payments on record.
Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.