BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on April 17th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Thursday, April 2nd. Stockholders of record on Friday, April 17th will be paid a dividend of 0.042 per share on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, April 17th.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.2%

Shares of NYSE:DMB opened at $10.88 on Wednesday. The firm’s fifty day moving average is $10.88 and its 200-day moving average is $10.82. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $9.81 and a 52 week 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.