BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.019 per share on Thursday, October 31st. This represents a $0.23 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Tuesday, October 15th.
BNY Mellon Municipal Income has decreased its dividend by an average of 18.1% annually over the last three years.
BNY Mellon Municipal Income Price Performance
Shares of NYSE:DMF traded up $0.01 during midday trading on Tuesday, hitting $7.32. The stock had a trading volume of 437,726 shares, compared to its average volume of 59,691. The business’s 50-day simple moving average is $7.31 and its 200-day simple moving average is $7.03. BNY Mellon Municipal Income has a 12 month low of $5.37 and a 12 month high of $7.49.
Insider Buying and Selling
About BNY Mellon Municipal Income
BNY Mellon Municipal Income, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year.
See Also
- Five stocks we like better than BNY Mellon Municipal Income
- Election Stocks: How Elections Affect the Stock Market
- Why Lennar Stock Could Be the Best Play in the Housing Market
- Insider Trading – What You Need to Know
- 2 Energy Stocks Fueling the AI Datacenter Boom
- The How and Why of Investing in Gold Stocks
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Receive News & Ratings for BNY Mellon Municipal Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Municipal Income and related companies with MarketBeat.com's FREE daily email newsletter.