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Alliance Capital Management Holding L.P. (AB) Ex-Dividend Date Scheduled for May 09, 2013
By: NASDAQ.com News
Alliance Capital Management Holding L.P. ( AB ) will begin trading ex-dividend on May 09, 2013. A cash dividend payment of $0.38 per share is scheduled to be paid on May 23, 2013. Shareholders who purchased AB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -5% decrease from the prior quarter. At the current stock price of $25.45, the dividend yield is 5.97%.
The previous trading day's last sale of AB was $25.45, representing a -1.2% decrease from the 52 week high of $25.76 and a 122.47% increase over the 52 week low of $11.44.
AB is a part of the Finance sector, which includes companies such as Franklin Resources, Inc. ( BEN ) and AMERIPRISE FINANCIAL SERVICES, INC. ( AMP ). AB's current earnings per share, an indicator of a company's profitability, is $.62. Zacks Investment Research reports AB's forecasted earnings growth in 2013 as 20.76%, compared to an industry average of 9%.
For more information on the declaration, record and payment dates, visit the AB Dividend History page.