AllianceBernstein National Municipal Income Fund, Inc.
AFBFinancial Services · Stock · monthly payer
$11.26
Add to PortfolioForward Yield
5.10%
Annual Dividend
$0.57
Payout Ratio
417%
5-Yr Growth
-5.5%
Ex-Date
Jun 4, 2026
Frequency
Monthly
AFB Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is AFB a good dividend stock?
MixedAllianceBernstein National Municipal Income Fund, Inc. (AFB) pays a monthly dividend yielding 5.10% ($0.57/yr), with 2 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (417%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 5.10%
- Payout Ratio
- 417%
- Annual Dividend
- $0.57
- 5-Yr Avg Growth
- -5.5%
- Ex-Dividend Date
- Jun 4, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.67
- Market Cap
- $323.7M
- P/E Ratio
- 93.8
- 5-Yr Total Return
- -27%
- 52-Week Range
- $10.05 – $11.33
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 4, 2026 | — | $0.0500 | regular |
| May 7, 2026 | — | $0.0500 | regular |
| Apr 2, 2026 | — | $0.0500 | regular |
| Mar 5, 2026 | — | $0.0500 | regular |
| Feb 5, 2026 | — | $0.0500 | regular |
| Jan 8, 2026 | — | $0.0500 | regular |
| Dec 4, 2025 | — | $0.0500 | regular |
| Nov 6, 2025 | — | $0.0500 | regular |
| Oct 2, 2025 | — | $0.0470 | regular |
| Sep 4, 2025 | — | $0.0470 | regular |
| Aug 7, 2025 | — | $0.0400 | regular |
| Jul 3, 2025 | — | $0.0400 | regular |
| Jun 5, 2025 | — | $0.0400 | regular |
| May 1, 2025 | — | $0.0400 | regular |
Income Calculator
At $0.57 / yr per share
