BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) to Issue Monthly Dividend of $0.03 on May 1st

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Wednesday, April 16th will be paid a dividend of 0.03 per share on Thursday, May 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend is Wednesday, April 16th.

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

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 0.1 %

Shares of NYSE:DMB opened at $9.66 on Monday. BNY Mellon Municipal Bond Infrastructure Fund has a one year low of $9.58 and a one year high of $11.28. The company has a 50-day simple moving average of $10.58 and a 200-day simple moving average of $10.65.

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.