BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) To Go Ex-Dividend on July 18th

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced a monthly dividend on Tuesday, July 2nd, NASDAQ reports. Investors of record on Thursday, July 18th will be paid a dividend of 0.03 per share on Thursday, August 1st. This represents a $0.36 annualized dividend and a yield of 3.40%. The ex-dividend date is Thursday, July 18th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend payment by an average of 10.2% annually over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

NYSE:DMB opened at $10.59 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $8.94 and a 12-month high of $11.79. The stock’s 50 day moving average price is $10.30 and its two-hundred day moving average price is $10.27.

About BNY Mellon Municipal Bond Infrastructure Fund

BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.