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

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Wednesday, February 5th,Wall Street Journal reports. Shareholders of record on Wednesday, February 19th will be paid a dividend of 0.03 per share on Monday, March 3rd. This represents a $0.36 annualized dividend and a yield of 3.39%. The ex-dividend date is Wednesday, February 19th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend payment by an average of 17.3% annually over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 1.3 %

Shares of DMB stock traded up $0.14 on Wednesday, reaching $10.64. The stock had a trading volume of 58,773 shares, compared to its average volume of 70,262. The firm’s 50-day moving average is $10.54 and its two-hundred day moving average is $10.76. BNY Mellon Municipal Bond Infrastructure Fund has a 12 month low of $9.93 and a 12 month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Company Profile

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.