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 Monday, May 6th, Wall Street Journal reports. Stockholders of record on Friday, May 17th will be given a dividend of 0.03 per share on Monday, June 3rd. This represents a $0.36 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Thursday, May 16th.

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

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

NYSE DMB traded up $0.04 on Monday, hitting $10.18. 66,379 shares of the stock were exchanged, compared to its average volume of 66,801. The business’s fifty day moving average is $10.21 and its 200 day moving average is $10.08. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $8.94 and a 52 week high of $11.79.

About BNY Mellon Municipal Bond Infrastructure Fund

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.