AllianceBernstein Holding L.P Stock To Go Ex-dividend Tomorrow (AB)

NEW YORK ( TheStreet) -- The ex-dividend date for AllianceBernstein Holding L.P (NYSE: AB) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $14.29 as of 9:30 a.m. ET, the dividend yield is 7.4%.

The average volume for AllianceBernstein Holding L.P has been 328,800 shares per day over the past 30 days. AllianceBernstein Holding L.P has a market cap of $1.48 billion and is part of the financial sector and financial services industry. Shares are up 9.5% year to date as of the close of trading on Monday.

AllianceBernstein Holding L.P. provides investment management and related services in the United States and internationally.

TheStreet Ratings rates AllianceBernstein Holding L.P as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full AllianceBernstein Holding L.P Ratings Report.

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