BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on June 16th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Tuesday, June 2nd. Stockholders of record on Tuesday, June 16th will be paid a dividend of 0.05 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, June 16th.

BNY Mellon Municipal Bond Infrastructure Fund Stock Down 0.5%

Shares of NYSE DMB opened at $10.90 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund has a one year low of $9.85 and a one year high of $11.28. The business’s fifty day moving average price is $10.80 and its 200-day moving average price is $10.87.

About BNY Mellon Municipal Bond Infrastructure Fund

BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) is a closed-end management investment company that primarily seeks to provide a high level of current income exempt from regular U.S. federal income tax. Trading on the New York Stock Exchange, the Fund offers investors exposure to a diversified portfolio of municipal securities financing public-purpose infrastructure projects.

The Fund generally invests at least 50% of its assets in investment-grade, tax-exempt bonds issued to support infrastructure initiatives such as transportation, water and sewer systems, public power, education facilities and other civic projects.