BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on November 19th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Thursday, October 23rd. Investors of record on Wednesday, November 19th will be given a dividend of 0.042 per share on Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, November 19th. This is a 10.5% increase from BNY Mellon Municipal Bond Infrastructure Fund’s previous monthly dividend of $0.04.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

Shares of DMB stock opened at $10.78 on Monday. The company has a fifty day moving average price of $10.67 and a two-hundred day moving average price of $10.28. BNY Mellon Municipal Bond Infrastructure Fund has a one year low of $9.58 and a one year high of $11.07.

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.