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

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Tuesday, December 3rd,Wall Street Journal reports. Stockholders of record on Wednesday, December 18th will be paid a dividend of 0.03 per share on Thursday, January 2nd. This represents a $0.36 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Wednesday, December 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 Price Performance

Shares of DMB stock opened at $10.74 on Monday. BNY Mellon Municipal Bond Infrastructure Fund has a 52-week low of $9.93 and a 52-week high of $11.27. The stock has a 50 day moving average price of $10.85 and a 200 day moving average price of $10.79.

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.