BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Announces Monthly Dividend of $0.05

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 18th will be given a dividend of 0.05 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date is Tuesday, August 18th.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

NYSE DMB traded up $0.04 during trading hours on Wednesday, hitting $10.59. 2,052 shares of the company were exchanged, compared to its average volume of 55,526. The company has a 50 day moving average of $10.92 and a two-hundred day moving average of $10.91. BNY Mellon Municipal Bond Infrastructure Fund has a 52-week low of $9.89 and a 52-week high of $11.28.

BNY Mellon Municipal Bond Infrastructure Fund Company Profile

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.