BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) declared a monthly dividend on Friday, October 2nd. Shareholders of record on Monday, October 19th will be paid a dividend of $0.05 per share on Monday, November 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Monday, October 19th.
BNY Mellon Municipal Bond Infrastructure Fund Price Performance
Shares of BNY Mellon Municipal Bond Infrastructure Fund stock traded up $0.11 during midday trading on Friday, hitting $9.68. 197,069 shares of the company were exchanged, compared to its average volume of 63,083. The firm has a 50 day simple moving average of $10.04 and a 200-day simple moving average of $10.58. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $9.19 and a 52 week high of $11.28.
About BNY Mellon Municipal Bond Infrastructure Fund
BNY Mellon Municipal Bond Infrastructure Fund, Inc (NYSE: DMB) is a closed-end investment fund that seeks to provide current income exempt from regular federal income tax. The fund invests primarily in municipal securities issued by states, cities, and other public entities in the United States.
The fund focuses on municipal bonds that finance infrastructure-related projects and public services. These investments may support areas such as transportation, utilities, schools, hospitals, housing, and other essential community facilities.
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