AllianceBernstein Global High Income Fund (NYSE:AWF) Declares Monthly Dividend of $0.07

AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) announced a monthly dividend on Monday, January 27th,Wall Street Journal reports. Shareholders 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 yield of 7.19%. The ex-dividend date of this dividend is Thursday, February 6th. This is an increase from AllianceBernstein Global High Income Fund's previous monthly dividend of $0.02.

AllianceBernstein Global High Income Fund Trading Up 0.1 %

AWF stock traded up $0.02 during midday trading on Friday, reaching $10.93. 118,426 shares of the company's stock traded hands, compared to its average volume of 216,540. AllianceBernstein Global High Income Fund has a fifty-two week low of $9.97 and a fifty-two week high of $11.36. The business has a 50-day moving average price of $10.79 and a two-hundred day moving average price of $10.88.

About AllianceBernstein Global High Income Fund

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.