BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) announced a monthly dividend on Friday, January 31st,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.019 per share on Friday, February 28th. This represents a $0.23 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Friday, February 14th.
BNY Mellon Municipal Income has decreased its dividend payment by an average of 17.7% annually over the last three years.
BNY Mellon Municipal Income Trading Down 0.1 %
DMF stock traded down $0.01 during trading on Friday, reaching $7.12. The company’s stock had a trading volume of 25,656 shares, compared to its average volume of 30,503. BNY Mellon Municipal Income has a 1 year low of $6.50 and a 1 year high of $7.52. The company’s fifty day moving average is $7.19 and its 200-day moving average is $7.25.
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.
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