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

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Thursday, April 2nd. Shareholders of record on Friday, April 17th will be given a dividend of 0.042 per share on Friday, May 1st. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Friday, April 17th.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.2%

BNY Mellon Municipal Bond Infrastructure Fund stock opened at $10.88 on Wednesday. BNY Mellon Municipal Bond Infrastructure Fund has a 12 month low of $9.81 and a 12 month high of $11.28. The stock has a 50-day moving average price of $10.88 and a two-hundred day moving average price of $10.82.

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.