BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) declared a monthly dividend on Wednesday, September 2nd. Shareholders of record on Thursday, September 17th will be given a dividend of 0.05 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Thursday, September 17th.
BNY Mellon Municipal Bond Infrastructure Fund Trading Down 1.1%
Shares of NYSE:DMB opened at $10.37 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund has a one year low of $9.99 and a one year high of $11.28. The stock has a fifty day moving average of $10.76 and a 200-day moving average of $10.84.
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.
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