BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Declares $0.03 Monthly Dividend

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Monday, November 4th, NASDAQ reports. Stockholders of record on Wednesday, November 20th will be paid a dividend of 0.03 per share on Monday, December 2nd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Wednesday, November 20th.

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 Stock Performance

NYSE DMB traded up $0.06 on Tuesday, reaching $10.74. The company’s stock had a trading volume of 25,025 shares, compared to its average volume of 67,023. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $9.38 and a 52 week high of $11.27. The business has a 50-day moving average price of $10.99 and a 200 day moving average price of $10.65.

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.