AllianceBernstein Global High Income Fund (NYSE:AWF) Raises Dividend to $0.07 Per Share

AllianceBernstein Global High Income Fund (NYSE:AWF) announced a monthly dividend on Monday, January 27th,Wall Street Journal reports. Investors of record on Thursday, February 6th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, February 21st. This represents a $0.79 annualized dividend and a dividend yield of 7.25%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from AllianceBernstein Global High Income Fund’s previous monthly dividend of $0.02.

AllianceBernstein Global High Income Fund Stock Down 0.4 %

Shares of NYSE:AWF opened at $10.84 on Wednesday. AllianceBernstein Global High Income Fund has a 12-month low of $9.97 and a 12-month high of $11.36. The business has a fifty day simple moving average of $10.79 and a 200 day simple moving average of $10.88.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.