BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) declared a monthly dividend on Tuesday, December 31st,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.019 per share on Friday, January 31st. This represents a $0.23 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date is Wednesday, January 15th.
BNY Mellon Municipal Income has decreased its dividend payment by an average of 18.1% annually over the last three years.
BNY Mellon Municipal Income Stock Up 0.1 %
DMF stock traded up $0.01 on Tuesday, hitting $7.10. The company’s stock had a trading volume of 40,606 shares, compared to its average volume of 60,383. The firm has a 50 day moving average of $7.23 and a two-hundred day moving average of $7.25. BNY Mellon Municipal Income has a 1 year low of $6.40 and a 1 year high of $7.52.
About BNY Mellon Municipal Income
BNY Mellon Municipal Income, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year.
Featured Articles
- Five stocks we like better than BNY Mellon Municipal Income
- Insider Trading – What You Need to Know
- 3 Stocks Helping to Bring AI to Healthcare
- Investing in Construction Stocks
- 3 Stocks Ringing in The New Year With Large Buyback Announcements
- Insider Buying Explained: What Investors Need to Know
- Why 2024 Was Great for Stocks—and Why 2025 Could Be Even Better
Receive News & Ratings for BNY Mellon Municipal Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Municipal Income and related companies with MarketBeat.com's FREE daily email newsletter.
