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

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 17th will be paid a dividend of 0.05 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Thursday, September 17th.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 0.3%

Shares of DMB opened at $10.41 on Friday. The stock has a 50-day moving average of $10.74 and a two-hundred day moving average of $10.83. BNY Mellon Municipal Bond Infrastructure Fund has a one year low of $10.02 and a one year 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.