AllianceBernstein Holding L.P.
ABFinancial Services · Stock · quarterly payer
Forward Yield
9.18%
Annual Dividend
$3.41
Payout Ratio
105%
5-Yr Growth
4.5%
Ex-Date
May 8, 2026
Frequency
Quarterly
Summary
As of July 2026, AllianceBernstein Holding L.P. (AB) yields 9.18% ($3.41 per share annually), with a blended fair-value estimate of $64.63 — +74% upside, so it screens as undervalued. Dividend safety grade: C (54/100). 2 years of dividend growth.
Is AB a good dividend stock?
MixedAllianceBernstein Holding L.P. (AB) pays a quarterly dividend yielding 9.18% ($3.41/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (105%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.18%
- Payout Ratio
- 105%
- Annual Dividend
- $3.41
- 5-Yr Avg Growth
- 4.5%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.79
- Market Cap
- $3.5B
- P/E Ratio
- 11.5
- 5-Yr Total Return
- -29%
- 52-Week Range
- $34.92 – $44.11
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
AB Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+20%
5 Years
-29%
52-Week Range
$34.92 – $44.11
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AB worth?
Undervaluedmedium confidenceOur blended fair-value estimate for AllianceBernstein Holding L.P. is $64.63 per share, versus a market price of $37.20. That implies 74% of upside — a margin of safety of about 42%.
Fair Value
$64.63
Current Price
$37.20
Upside
+74%
Margin of Safety
42%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 5.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.2% discount rate (CAPM), 5.6% stage-1 growth, 2.5% terminal growth, $3.23 EPS, $3.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AB Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.8300 | regular |
| Feb 20, 2026 | — | $0.9600 | regular |
| Nov 3, 2025 | — | $0.8600 | regular |
| Aug 4, 2025 | — | $0.7600 | regular |
| May 5, 2025 | — | $0.8000 | regular |
| Feb 18, 2025 | — | $1.0500 | regular |
| Nov 4, 2024 | — | $0.7700 | regular |
| Aug 5, 2024 | — | $0.7100 | regular |
| May 3, 2024 | — | $0.7300 | regular |
| Feb 16, 2024 | — | $0.7700 | regular |
| Nov 3, 2023 | — | $0.6500 | regular |
| Aug 4, 2023 | — | $0.6100 | regular |
| May 5, 2023 | — | $0.6600 | regular |
| Feb 17, 2023 | — | $0.7000 | regular |
Income Calculator
At $3.41 / yr per share
