BNY Mellon Municipal Bond Infrastructure Fund, Inc. Announces Monthly Dividend of $0.05 (NYSE:DMB)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Tuesday, June 2nd. Shareholders of record on Tuesday, June 16th will be paid a dividend of 0.05 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date is Tuesday, June 16th.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of NYSE:DMB opened at $10.96 on Wednesday. The company’s fifty day moving average is $10.79 and its two-hundred day moving average is $10.87. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $9.85 and a 12-month high of $11.28.

BNY Mellon Municipal Bond Infrastructure Fund Company Profile

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.