AllianceBernstein Holding L.P. (AB) to Issue Quarterly Dividend of $0.83 on May 21st

AllianceBernstein Holding L.P. (NYSE:AB) declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Friday, May 8th will be given a dividend of 0.83 per share by the asset manager on Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Friday, May 8th.

AllianceBernstein has increased its dividend payment by an average of 0.0%annually over the last three years. AllianceBernstein has a dividend payout ratio of 108.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect AllianceBernstein to earn $3.93 per share next year, which means the company should continue to be able to cover its $3.84 annual dividend with an expected future payout ratio of 97.7%.

AllianceBernstein Price Performance

NYSE:AB opened at $39.39 on Thursday. The firm has a 50-day moving average of $38.35 and a two-hundred day moving average of $39.44. The stock has a market cap of $3.63 billion, a P/E ratio of 13.13, a PEG ratio of 1.82 and a beta of 0.86. AllianceBernstein has a 1-year low of $35.59 and a 1-year high of $44.11.

AllianceBernstein (NYSE:AB) last posted its quarterly earnings data on Tuesday, April 28th. The asset manager reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). AllianceBernstein had a net margin of 6.62% and a return on equity of 21.17%. The firm had revenue of $871.14 million during the quarter, compared to analysts’ expectations of $914.51 million. During the same period in the previous year, the company earned $0.80 earnings per share. The business’s quarterly revenue was up 3.9% on a year-over-year basis. As a group, equities analysts expect that AllianceBernstein will post 3.5 earnings per share for the current year.

Key AllianceBernstein News

Here are the key news stories impacting AllianceBernstein this week:

• Positive Sentiment: Quarterly cash distribution declared: AB announced a cash dividend/cash distribution of $0.83 per unit (record May 8; payable May 21), implying a high single-digit yield that can attract income-focused buyers. PR Newswire Dividend Announcement
• Neutral Sentiment: Full earnings materials and call transcript posted — useful for investors who want details on flows, margin drivers and M&A/strategy commentary. Earnings Call Presentation
• Neutral Sentiment: Analyst coverage summaries and post-call write-ups provide additional color on management commentary and outlook adjustments. TipRanks Coverage
• Negative Sentiment: Q1 results missed estimates on both EPS and revenue: adjusted EPS $0.83 vs. $0.87 expected and revenue $871.1M vs. $914.5M expected; management cited net active outflows and geopolitical headwinds — a clear near-term growth/flows concern for an asset manager. MarketBeat Earnings Summary
• Negative Sentiment: Analysts trimmed price targets and ratings after the print: TD Cowen lowered its target to $39.00 (hold) and Barclays cut its target to $39.00 (equal weight), reflecting limited near-term upside and flow risks. Benzinga Analyst Notes
• Negative Sentiment: Broader analyst revisions followed the Q1 call as firms reassess revenue/earnings trajectories given active outflows — downside to multiple and sentiment until flows stabilize. Benzinga: Analyst Revisions

AllianceBernstein Company Profile

AllianceBernstein is a global investment management firm that offers a broad range of research-driven strategies across equities, fixed income, multi-asset solutions and alternative investments. The firm provides active and quantitative portfolio management, drawing on in-house research capabilities to serve the needs of institutional clients, private wealth investors and intermediaries. Its product lineup encompasses mutual funds, separately managed accounts and customized investment vehicles designed to meet diverse risk-return objectives.

The firm’s roots date back to 1967 with the founding of Sanford C.