BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) declared a monthly dividend on Friday, October 2nd. Investors of record on Monday, October 19th will be given a dividend of $0.05 per share on Monday, November 2nd. This represents a $0.60 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Monday, October 19th.
BNY Mellon Municipal Bond Infrastructure Fund Trading Up 1.2%
BNY Mellon Municipal Bond Infrastructure Fund stock traded up $0.11 during midday trading on Friday, reaching $9.68. The company had a trading volume of 197,069 shares, compared to its average volume of 63,083. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $9.19 and a 12-month high of $11.28. The firm’s fifty day simple moving average is $10.04 and its 200-day simple moving average is $10.58.
About BNY Mellon Municipal Bond Infrastructure Fund
BNY Mellon Municipal Bond Infrastructure Fund, Inc (NYSE: DMB) is a closed-end investment fund that seeks to provide current income exempt from regular federal income tax. The fund invests primarily in municipal securities issued by states, cities, and other public entities in the United States.
The fund focuses on municipal bonds that finance infrastructure-related projects and public services. These investments may support areas such as transportation, utilities, schools, hospitals, housing, and other essential community facilities.
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