Looking at the universe of stocks we cover at Dividend Channel, on 12/4/13, AllianceBernstein National Municipal Income Fund (AFB) will trade ex-dividend, for its monthly dividend of $0.0729, payable on 12/20/13. As a percentage of AFB's recent stock price of $12.35, this dividend works out to approximately 0.59%, so look for shares of AllianceBernstein National Municipal Income Fund to trade 0.59% lower — all else being equal — when AFB shares open for trading on 12/4/13.
Below is a dividend history chart for AFB, showing historical dividends prior to the most recent $0.0729 declared by AllianceBernstein National Municipal Income Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AFB is likely to continue, and whether the current estimated yield of 7.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AFB shares, versus its 200 day moving average:Looking at the chart above, AFB's low point in its 52 week range is $11.87 per share, with $16.91 as the 52 week high point — that compares with a last trade of $12.35.
According to the ETF Finder at ETF Channel, AFB makes up 1.08% of the CEF Municipal Income ETF (XMPT) which is trading relatively unchanged on the day Monday. In Monday trading, AllianceBernstein National Municipal Income Fund shares are currently trading flat on the day.