BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) announced a monthly dividend on Tuesday, November 3rd. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.05 per share on Tuesday, December 1st. This represents a $0.60 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Wednesday, November 18th.
BNY Mellon Municipal Bond Infrastructure Fund Stock Down 0.2%
Shares of DMB stock opened at $10.30 on Wednesday. The business has a 50-day moving average price of $9.91 and a two-hundred day moving average price of $10.64. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $9.19 and a 12-month high of $11.28.
About BNY Mellon Municipal Bond Infrastructure Fund
BNY Mellon Municipal Bond Infrastructure Fund, Inc (NYSE: DMB) is a closed-end investment fund managed by BNY Mellon Investment Adviser, Inc The fund seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal obligations issued by states, cities, counties, and other public entities.
The fund focuses on municipal bonds that finance infrastructure and related public projects, including transportation systems, utilities, schools, hospitals, and other essential facilities.
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