BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Shareholders of record on Friday, October 18th will be paid a dividend of 0.03 per share on Friday, November 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend is Friday, October 18th.
BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend payment by an average of 10.2% per year over the last three years.
BNY Mellon Municipal Bond Infrastructure Fund Stock Performance
Shares of NYSE DMB opened at $11.19 on Friday. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $8.94 and a 12-month high of $11.27. The firm’s 50-day moving average price is $10.94 and its 200-day moving average price is $10.54.
About BNY Mellon Municipal Bond Infrastructure Fund
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.
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