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

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 17th will be given a dividend of 0.05 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Thursday, September 17th.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

NYSE DMB opened at $10.37 on Thursday. The stock’s 50-day simple moving average is $10.76 and its two-hundred day simple moving average is $10.84. BNY Mellon Municipal Bond Infrastructure Fund has a twelve month low of $9.99 and a twelve month high of $11.28.

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.