BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on May 16th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Monday, May 6th, Wall Street Journal reports. Stockholders of record on Friday, May 17th will be paid a dividend of 0.03 per share on Monday, June 3rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Thursday, May 16th.

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

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

NYSE:DMB opened at $10.24 on Wednesday. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $8.94 and a 12-month high of $11.79. The firm has a 50-day moving average price of $10.20 and a 200 day moving average price of $10.09.

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.