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Allianceberstein Holding L.P. (AB) Ex-Dividend Date Scheduled for October 31, 2013
By: NASDAQ.com News
Allianceberstein Holding L.P. ( AB ) will begin trading ex-dividend on October 31, 2013. A cash dividend payment of $0.4 per share is scheduled to be paid on November 21, 2013. Shareholders who purchased AB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -2.44% decrease from the prior quarter. At the current stock price of $22.39, the dividend yield is 7.15%.
The previous trading day's last sale of AB was $22.39, representing a -18.22% decrease from the 52 week high of $27.38 and a 42.79% increase over the 52 week low of $15.68.
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 $1.36. Zacks Investment Research reports AB's forecasted earnings growth in 2013 as 26.56%, compared to an industry average of 10.3%.