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AllianceBernstein Holding LP (AB) provides investment management services to institutional (42% of assets under management), retail (41%), and private (17%) clients through products that include mutual funds, hedge funds, and separately managed accounts.

At the end of October 2024, AB had $793 billion in managed assets, composed primarily of fixed-income (37% of Assets) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder.

The firm was formerly known as Alliance Capital Management Holding LP.

AllianceBernstein Holding L.P. was founded in 1967 and is based in Nashville, Tennessee.

Three key data points gauge AllianceBernstein or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

AB Price

AllianceBernstein’s share price rose about 13.7% in the past year from $32.61 to $37.08 as of Friday’s market close.

In the past 3 years the company’s share price has ranged from $26.08 to $47.99, its all-time high of $94.94 was reached May 31, 2007.

If the company lives up to the median of seven analyst expectations, its price might grow by $2.62 next year to $39.70.

AB Dividend

AllianceBernstein has paid variable quarterly dividends since August 10, 1988. The company’s most recent Q dividend of $1.05 was declared on February 6th  for shareholders of record prior to February 28th, and the payout is due March 13th. A forward-looking annual dividend of $4.30 yields 11.33% per Friday’s closing price.

AB Returns

Putting it all together, a $6.82 estimated gross gain per share shows up by adding AB’s annual $4.20 dividend to the estimated $2.62 annual price gain, totaling that $6.82 gross amount.

A little over $1000 buys 27 shares at Wednesday’s $37.08 share price.

A $10 broker fee (if charged), collected half at purchase and half at the sale, might take about $0.37 per share out of the $6.82 gross gain to give us a net $6.45 amount per share to multiply by 27, to equal $174.15 for about a 17.4% estimated net gain on the year.

Furthermore, the $113.30 annual dividend income from $1k invested in AllianceBernstein is over 3 times greater than the single-share price. By these numbers, AllianceBernstein Holding LP may be an ideal dividend dog.

Therefore, you may choose to pounce on AB as a 58-year-old quarterly dividend-paying investment management company with a 37-year dividend record.

The exact track of AllianceBernstein's future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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