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

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Monday, November 4th, NASDAQ reports. Investors of record on Wednesday, November 20th will be paid a dividend of 0.03 per share on Monday, December 2nd. This represents a $0.36 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Wednesday, November 20th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend by an average of 10.2% annually over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of DMB traded up $0.06 during mid-day trading on Tuesday, reaching $10.74. The company’s stock had a trading volume of 25,025 shares, compared to its average volume of 67,023. BNY Mellon Municipal Bond Infrastructure Fund has a 1 year low of $9.38 and a 1 year high of $11.27. The business has a fifty day moving average of $10.99 and a 200 day 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.