BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) declared a monthly dividend on Tuesday, June 2nd. Investors of record on Tuesday, June 16th will be given a dividend of 0.05 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, June 16th.
BNY Mellon Municipal Bond Infrastructure Fund Stock Performance
NYSE:DMB opened at $10.96 on Wednesday. The stock’s 50 day moving average price is $10.79 and its 200 day moving average price is $10.87. BNY Mellon Municipal Bond Infrastructure Fund has a 52 week low of $9.85 and a 52 week high of $11.28.
About BNY Mellon Municipal Bond Infrastructure Fund
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.
Featured Stories
- Five stocks we like better than BNY Mellon Municipal Bond Infrastructure Fund
- Berkshire Builds a Moat Around Homebuilders
- Tomato Prices Are Spiking, and These 2 Food Stocks Could Feel the Squeeze
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
Receive News & Ratings for BNY Mellon Municipal Bond Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Municipal Bond Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.
