BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) announced a monthly dividend on Tuesday, March 4th, NASDAQ Dividends reports. Stockholders 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 payment by an average of 17.3% per year over the last three years.
BNY Mellon Municipal Bond Infrastructure Fund Stock Performance
DMB stock opened at $10.72 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund has a twelve month low of $9.93 and a twelve month high of $11.28. The business has a fifty day moving average of $10.53 and a 200-day moving average of $10.75.
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.
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