BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on March 17th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Tuesday, March 3rd. Investors of record on Tuesday, March 17th will be paid a dividend of 0.042 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, March 17th.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

NYSE:DMB opened at $11.00 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund has a fifty-two week low of $9.58 and a fifty-two week high of $11.28. The firm has a 50-day simple moving average of $11.05 and a two-hundred day simple moving average of $10.73.

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.