BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on October 18th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Stockholders of record on Friday, October 18th will be given a dividend of 0.03 per share on Friday, November 1st. This represents a $0.36 annualized dividend and a dividend yield of 3.22%. The ex-dividend date is Friday, October 18th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend by an average of 10.2% annually over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Stock Down 0.2 %

DMB opened at $11.19 on Friday. The company has a fifty day moving average of $10.94 and a 200 day moving average of $10.54. BNY Mellon Municipal Bond Infrastructure Fund has a fifty-two week low of $8.94 and a fifty-two week high of $11.27.

About BNY Mellon Municipal Bond Infrastructure Fund

BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.