BNY Mellon Municipal Bond Infrastructure Fund, Inc. to Issue Monthly Dividend of $0.05 (NYSE:DMB)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Monday, April 5th, Zacks reports. Investors of record on Tuesday, April 20th will be paid a dividend of 0.053 per share on Monday, May 3rd. This represents a $0.64 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend is Monday, April 19th.

DMB traded up $0.03 during midday trading on Wednesday, hitting $14.34. 36,632 shares of the company traded hands, compared to its average volume of 33,958. BNY Mellon Municipal Bond Infrastructure Fund has a 52-week low of $11.79 and a 52-week high of $15.08. The business has a 50 day simple moving average of $14.15 and a two-hundred day simple moving average of $13.99.

BNY Mellon Municipal Bond Infrastructure Fund Company Profile

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.

Recommended Story: What is a balanced fund?

Dividend History for BNY Mellon Municipal Bond Infrastructure Fund (NYSE:DMB)

Receive News & Ratings for BNY Mellon Municipal Bond Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Municipal Bond Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.