BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Plans Monthly Dividend of $0.04

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Shareholders of record on Tuesday, June 17th will be paid a dividend of 0.038 per share on Tuesday, July 1st. This represents a $0.46 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date of this dividend is Tuesday, June 17th.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of DMB stock opened at $9.96 on Thursday. The company has a 50-day simple moving average of $10.12 and a two-hundred day simple moving average of $10.44. BNY Mellon Municipal Bond Infrastructure Fund has a 52-week low of $9.58 and a 52-week high of $11.28.

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.