BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) announced a monthly dividend on Friday, March 28th, Wall Street Journal reports. Shareholders of record on Monday, April 14th will be paid a dividend of 0.019 per share on Wednesday, April 30th. This represents a $0.23 annualized dividend and a yield of 3.36%. The ex-dividend date is Monday, April 14th.
BNY Mellon Municipal Income has decreased its dividend by an average of 16.7% per year over the last three years.
BNY Mellon Municipal Income Price Performance
Shares of NYSE DMF opened at $6.79 on Friday. The stock’s 50-day moving average is $7.17 and its 200 day moving average is $7.20. BNY Mellon Municipal Income has a 1-year low of $6.53 and a 1-year high of $7.52.
BNY Mellon Municipal Income Company Profile
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.
Read More
- Five stocks we like better than BNY Mellon Municipal Income
- How Technical Indicators Can Help You Find Oversold Stocks
- Uneven Profit Takes Away From Bloom Energy’s Bullish Headlines
- Insider Buying Explained: What Investors Need to Know
- Delta Air Lines: This Phoenix Can Rise From the Ashes
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- MarketBeat Week in Review — 04/07 – 04/11
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.
