Looking at the universe of stocks we cover at Dividend Channel, on 4/2/14, AllianceBernstein National Municipal Income Fund (AFB) will trade ex-dividend, for its monthly dividend of $0.0729, payable on 4/25/14. As a percentage of AFB's recent stock price of $13.36, this dividend works out to approximately 0.55%, so look for shares of AllianceBernstein National Municipal Income Fund to trade 0.55% lower — all else being equal — when AFB shares open for trading on 4/2/14.
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 6.55% 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 $15.58 as the 52 week high point — that compares with a last trade of $13.33.
According to the ETF Finder at ETF Channel, AFB makes up 1.04% of the CEF Municipal Income ETF (XMPT) which is trading higher by about 0.2% on the day Monday. In Monday trading, AllianceBernstein National Municipal Income Fund shares are currently trading flat on the day.