BNY Mellon Municipal Bond Infrastructure Fund, Inc. to Issue Monthly Dividend of $0.04 (NYSE:DMB)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Monday, January 5th. Investors of record on Tuesday, January 20th will be paid a dividend of 0.042 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, January 20th.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 0.1%

NYSE DMB opened at $10.93 on Tuesday. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $9.58 and a 52 week high of $11.02. The firm’s 50-day simple moving average is $10.73 and its two-hundred day simple moving average is $10.44.

BNY Mellon Municipal Bond Infrastructure Fund Company Profile

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.