BNY Mellon Municipal Bond Infrastructure Fund, Inc. Declares Monthly Dividend of $0.03 (NYSE:DMB)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMBGet Free Report) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 17th will be paid a dividend of 0.03 per share on Monday, June 3rd. This represents a $0.36 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend is Thursday, May 16th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend payment by an average of 10.2% annually over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of NYSE DMB traded up $0.02 during mid-day trading on Wednesday, reaching $10.26. 5,576 shares of the company traded hands, compared to its average volume of 66,078. BNY Mellon Municipal Bond Infrastructure Fund has a fifty-two week low of $8.94 and a fifty-two week high of $11.79. The stock has a fifty day simple moving average of $10.20 and a 200-day simple moving average of $10.13.

About BNY Mellon Municipal Bond Infrastructure Fund

(Get Free Report)

BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.

Recommended Stories

Dividend History for BNY Mellon Municipal Bond Infrastructure Fund (NYSE:DMB)

Receive News & Ratings for BNY Mellon Municipal Bond Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Municipal Bond Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.