BNY Mellon Municipal Income, Inc. (NYSE:DMF) Announces $0.04 Monthly Dividend

BNY Mellon Municipal Income, Inc. (NYSE:DMF) announced a monthly dividend on Friday, May 28th, Wall Street Journal reports. Stockholders of record on Monday, June 14th will be given a dividend of 0.035 per share on Wednesday, June 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date is Friday, June 11th.

BNY Mellon Municipal Income stock opened at $9.17 on Thursday. The business has a 50-day simple moving average of $9.04. BNY Mellon Municipal Income has a twelve month low of $8.17 and a twelve month high of $9.69.

About BNY Mellon Municipal Income

BNY Mellon Municipal Income, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year.

Featured Article: What is Cost of Goods Sold (COGS)?

Dividend History for BNY Mellon Municipal Income (NYSE:DMF)

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