BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on February 18th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Tuesday, February 3rd. Stockholders of record on Wednesday, February 18th will be given a dividend of 0.042 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, February 18th.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.6%

Shares of NYSE DMB opened at $11.13 on Thursday. The business’s fifty day simple moving average is $10.87 and its 200-day simple moving average is $10.58. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $9.58 and a 12-month high of $11.26.

Institutional Trading of BNY Mellon Municipal Bond Infrastructure Fund

A number of large investors have recently made changes to their positions in the company. Allworth Financial LP acquired a new stake in BNY Mellon Municipal Bond Infrastructure Fund in the second quarter valued at approximately $41,000. Guggenheim Capital LLC raised its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 22.1% in the 2nd quarter. Guggenheim Capital LLC now owns 157,883 shares of the company’s stock valued at $1,614,000 after purchasing an additional 28,564 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth $238,000. Nomura Holdings Inc. purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth $102,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund during the second quarter worth $227,000.

About BNY Mellon Municipal Bond Infrastructure Fund

BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) is a closed-end management investment company that primarily seeks to provide a high level of current income exempt from regular U.S. federal income tax. Trading on the New York Stock Exchange, the Fund offers investors exposure to a diversified portfolio of municipal securities financing public-purpose infrastructure projects.

The Fund generally invests at least 50% of its assets in investment-grade, tax-exempt bonds issued to support infrastructure initiatives such as transportation, water and sewer systems, public power, education facilities and other civic projects.