Media coverage about Alliance World (NYSE:AWF) has been trending positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alliance World earned a news sentiment score of 0.47 on Accern’s scale. Accern also assigned headlines about the closed-end fund an impact score of 47.0407503101322 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Alliance World (NYSE:AWF) opened at 12.95 on Wednesday. Alliance World has a 52 week low of $11.25 and a 52 week high of $13.03. The firm has a 50-day moving average price of $12.86 and a 200-day moving average price of $12.74.
The company also recently disclosed a monthly dividend, which will be paid on Friday, July 21st. Shareholders of record on Friday, July 7th will be paid a dividend of $0.0699 per share. The ex-dividend date is Wednesday, July 5th. This represents a $0.84 annualized dividend and a yield of 6.48%. Alliance World’s dividend payout ratio is 41.74%.
In related news, Director Carol Mcmullen purchased 2,020 shares of the firm’s stock in a transaction dated Thursday, May 25th. The shares were acquired at an average cost of $12.80 per share, with a total value of $25,856.00. Following the completion of the purchase, the director now directly owns 2,020 shares of the company’s stock, valued at $25,856. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.
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Alliance World Company Profile
AllianceBernstein Global High Income Fund, Inc is a diversified, closed-end management investment company. The Fund seeks high current income, and secondarily, capital appreciation. The Fund invests without limit in securities denominated in non-united States currencies, as well as those denominated in the US dollar.
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