Alliance World (AWF) to Issue Monthly Dividend of $0.07 on December 15th
Alliance World (NYSE:AWF) announced a monthly dividend on Tuesday, November 28th, Wall Street Journal reports. Investors of record on Friday, December 8th will be paid a dividend of 0.0699 per share by the closed-end fund on Friday, December 15th. This represents a $0.84 annualized dividend and a yield of 6.57%. The ex-dividend date is Thursday, December 7th.
Alliance World has decreased its dividend by an average of 8.5% annually over the last three years.
Shares of Alliance World (AWF) opened at $12.76 on Friday. The company has a market cap of $1,100.00, a price-to-earnings ratio of 15.24 and a beta of 0.34. Alliance World has a 1-year low of $12.04 and a 1-year high of $13.12.
About Alliance World
AllianceBernstein Global High Income Fund, Inc is a diversified, closed-end management investment company. The Fund seeks high current income, and secondarily, capital appreciation. The Fund invests without limit in securities denominated in non-united States currencies, as well as those denominated in the US dollar.
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