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, July 2nd, NASDAQ reports. Investors of record on Thursday, July 18th will be given a dividend of 0.03 per share on Thursday, August 1st. This represents a $0.36 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Thursday, July 18th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend payment by an average of 10.2% per year over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.7 %

Shares of BNY Mellon Municipal Bond Infrastructure Fund stock traded up $0.07 during trading hours on Wednesday, reaching $10.59. 54,238 shares of the company’s stock were exchanged, compared to its average volume of 72,210. The company has a 50 day moving average of $10.29 and a two-hundred day moving average of $10.27. BNY Mellon Municipal Bond Infrastructure Fund has a fifty-two week low of $8.94 and a fifty-two week high of $11.79.

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.