AllianceBernstein Global High Income Fund
AWFFinancial Services · Stock · monthly payer
Forward Yield
7.77%
Annual Dividend
$0.79
Payout Ratio
98%
5-Yr Growth
-0.4%
Ex-Date
Jul 2, 2026
Frequency
Monthly
Summary
As of July 2026, AllianceBernstein Global High Income Fund (AWF) yields 7.77% ($0.79 per share annually), with a blended fair-value estimate of $10.33 — +2% upside, so it screens as fairly valued. Dividend safety grade: C (51/100). 1 years of dividend growth.
Is AWF a good dividend stock?
MixedAllianceBernstein Global High Income Fund (AWF) pays a monthly dividend yielding 7.77% ($0.79/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2024
- Elevated payout ratio (98%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.77%
- Payout Ratio
- 98%
- Annual Dividend
- $0.79
- 5-Yr Avg Growth
- -0.4%
- Ex-Dividend Date
- Jul 2, 2026
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- 0.67
- Market Cap
- $874.4M
- P/E Ratio
- 13.5
- 5-Yr Total Return
- -19%
- 52-Week Range
- $9.85 – $11.43
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
AWF Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+2%
5 Years
-19%
52-Week Range
$9.85 – $11.43
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AWF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for AllianceBernstein Global High Income Fund is $10.33 per share, versus a market price of $10.12. That implies the stock is roughly fairly priced.
Fair Value
$10.33
Current Price
$10.12
Gap
+2%
Margin of Safety
2%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.6% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $0.75 EPS, $0.79 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AWF Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 2, 2026 | — | $0.0660 | regular |
| Jun 4, 2026 | — | $0.0660 | regular |
| May 7, 2026 | — | $0.0660 | regular |
| Apr 2, 2026 | — | $0.0660 | regular |
| Mar 5, 2026 | — | $0.0660 | regular |
| Feb 5, 2026 | — | $0.0660 | regular |
| Jan 8, 2026 | — | $0.0170 | regular |
| Dec 18, 2025 | — | $0.0490 | regular |
| Dec 4, 2025 | — | $0.0660 | regular |
| Nov 6, 2025 | — | $0.0660 | regular |
| Oct 2, 2025 | — | $0.0660 | regular |
| Sep 4, 2025 | — | $0.0660 | regular |
| Aug 7, 2025 | — | $0.0660 | regular |
| Jul 3, 2025 | — | $0.0660 | regular |
Income Calculator
At $0.79 / yr per share
