BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) announced a monthly dividend on Thursday, January 30th,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.019 per share on Friday, February 28th. This represents a $0.23 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date of this dividend is Friday, February 14th.
BNY Mellon Municipal Income has decreased its dividend payment by an average of 16.7% per year over the last three years.
BNY Mellon Municipal Income Stock Performance
Shares of DMF stock opened at $7.15 on Wednesday. The stock’s fifty day moving average is $7.16 and its 200-day moving average is $7.25. BNY Mellon Municipal Income has a 52 week low of $6.53 and a 52 week high of $7.52.
BNY Mellon Municipal Income Company Profile
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.
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