AB stock dividend – AllianceBernstein Holding LP Declares 0.66 Cash Dividend

🌥️Dividends Yield

ALLIANCEBERNSTEIN ($NYSE:AB): On May 26, 2023, AllianceBernstein Holding LP declared a 0.66 cash dividend. This makes its average dividend yield over the past three years 7.79%, which is an attractive option for those interested in dividend stocks. In the last three years, AllianceBernstein Holding LP has declared dividends per share of 2.95 USD, 3.54 USD, and 3.58 USD, with dividend yields of 7.33%, 8.32%, and 7.73%, respectively. The ex-dividend date is set for May 5, 2023, meaning that investors must own the stock before May 5 to be eligible for the dividend payout.

This is a good opportunity for those looking to maximize their returns from investing in dividend stocks. It is important to note that dividend yields are not always a reliable indicator for returns, as they can fluctuate over time, so it is important to do your own research before investing in any stock.

Stock Price

The stock of ALLIANCEBERNSTEIN HOLDING L.P opened at $33.4 and closed at $34.3, representing a 2.8% increase from the previous closing price of $33.4. This dividend is a testament to the company’s commitment to providing a steady stream of income to its shareholders. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for AB. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for AB. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for AB. More…

Key Ratios Snapshot

Some of the financial key ratios for AB are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis on ALLIANCEBERNSTEIN HOLDING L.P’s wellbeing. According to our Star Chart, ALLIANCEBERNSTEIN HOLDING L.P is strong in dividend and weak in asset, growth, and profitability. Despite this, their health score is still relatively high at 8/10 due to their solid cashflows and debt, which enable them to ride out any crisis without the risk of bankruptcy. Given that ALLIANCEBERNSTEIN HOLDING L.P is classified as a ‘cow’ company, this indicates that it has a track record of paying out consistent and sustainable dividends. Thus, we believe that investors looking for steady returns may find this company attractive. More…

Peers

The company competes with WisdomTree Investments Inc, Ashmore Group PLC, and Onex Corporation. All four companies offer a wide range of investment products and services.

– WisdomTree Investments Inc ($NASDAQ:WETF)

Ashmore Group PLC is a United Kingdom-based investment management company. The Company’s objective is to provide high quality investment solutions and services to meet the needs of clients, which include institutions, corporations and individuals. The Company’s segments include Local Currency, Blended Debt, Corporate Debt, Equity, Multi-Asset and Other. The Local Currency segment invests in sovereign debt denominated in local currencies. The Blended Debt segment invests in sovereign and quasi-sovereign debt. The Corporate Debt segment invests in corporate debt from emerging markets. The Equity segment invests in stocks of companies in emerging markets. The Multi-Asset segment invests in a range of asset classes, including equities, fixed income, commodities and real estate. The Other segment includes the Company’s cash and cash equivalents.

– Ashmore Group PLC ($LSE:ASHM)

Onex Corporation is a private equity and investment management firm with a market cap of 5.84B as of 2022. The company has a Return on Equity of 5.95%. Onex invests in and manages a range of businesses across a variety of industries including aerospace, healthcare, industrial, and consumer businesses. The company has a global reach with operations in North America, Europe, and Asia.

Summary

ALLIANCEBERNSTEIN HOLDING L.P has a strong track record of delivering attractive dividend yields for investors. Over the last three years, the company has given an average dividend yield of 7.79%. This makes it an attractive dividend stock for investors looking for higher returns on their investments.

The dividend yields have been consistent over the years, and investors can be assured of steady income from the stock. With a long history of delivering attractive yields, this stock is a great option for investors seeking some additional income from their portfolio.