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

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Tuesday, March 4th, NASDAQ Dividends reports. Investors of record on Tuesday, March 18th will be given a dividend of 0.03 per share on Tuesday, April 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date is Tuesday, March 18th.

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

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

DMB traded up $0.03 on Wednesday, reaching $10.72. The company had a trading volume of 27,541 shares, compared to its average volume of 67,402. BNY Mellon Municipal Bond Infrastructure Fund has a 1 year low of $9.93 and a 1 year high of $11.28. The stock has a 50-day moving average price of $10.52 and a 200-day moving average price of $10.75.

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.