BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) declared a monthly dividend on Thursday, January 30th,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.019 per share on Friday, February 28th. This represents a $0.23 annualized dividend and a yield of 3.20%. The ex-dividend date is Friday, February 14th.
BNY Mellon Municipal Income has decreased its dividend payment by an average of 17.7% per year over the last three years.
BNY Mellon Municipal Income Stock Down 0.1 %
NYSE DMF opened at $7.12 on Friday. The firm’s fifty day simple moving average is $7.19 and its two-hundred day simple moving average is $7.25. BNY Mellon Municipal Income has a 12-month low of $6.50 and a 12-month high of $7.52.
About BNY Mellon Municipal Income
BNY Mellon Municipal Income, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year.
Featured Articles
- Five stocks we like better than BNY Mellon Municipal Income
- 5 discounted opportunities for dividend growth investors
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- Are Penny Stocks a Good Fit for Your Portfolio?
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
Receive News & Ratings for BNY Mellon Municipal Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Municipal Income and related companies with MarketBeat.com's FREE daily email newsletter.
