BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) declared 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 is Wednesday, November 18th.
BNY Mellon Municipal Bond Infrastructure Fund Stock Down 0.2%
NYSE:DMB opened at $10.30 on Wednesday. The business’s 50 day moving average is $9.91 and its two-hundred day moving average is $10.64. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $9.19 and a 52 week high of $11.28.
BNY Mellon Municipal Bond Infrastructure Fund Company Profile
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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