Summary Report: AllianceBernstein Holding

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AllianceBernstein Holding (AB) was founded in 1967 and is based in Nashville, Tennessee.

AllianceBernstein Holding L.P. is a publicly owned investment manager.

The firm is a related adviser that manages separate client-focused portfolios for its clients.

Three key data points gauge AB or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also indicate if any company has made, is making, and will make money.

AB Price

AllianceBernstein's share price rose 21.9% from $33.82 to $41.21 in the past year.

AB Dividends

AllianceBernstein has paid variable quarterly dividends since February 2000.

The current forward-looking annual dividend of $3.20 yields 7.77% per last Friday’s $41.21 closing price.

AB Returns

Putting it all together, a $4.18 estimated gross gain per share shows up when adding AllianceBernstein’s annual $3.20 dividend to an estimated $0.98 annual price gain (averaged over the past 35 years). 

That estimated one-year target gain, plus the dividend, compose that $4.18 gross gain.

A little over $1000 invested at the recent $41.21 share price would buy 24 shares, which multiply the $4.18 gross gain estimate up to $101.43

Furthermore, about 75% of that $101.00 gain comes from the $77.70 in annual dividends generated from a $1,000 investment.

Besides, the $77.70 annual dividend amounts to about 1.9 times more than the recent $41.21 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on AllianceBernstein Holding and its 7.77% dividend yield along with its 25-year dividend record.

The exact track of AB’s future share price and dividends 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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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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