BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Announces Monthly Dividend of $0.03

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Tuesday, March 4th, NASDAQ Dividends reports. Investors of record on Tuesday, March 18th will be paid a dividend of 0.03 per share on Tuesday, April 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Tuesday, March 18th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend payment by an average of 17.3% per year over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of NYSE DMB opened at $10.64 on Friday. BNY Mellon Municipal Bond Infrastructure Fund has a 1-year low of $9.93 and a 1-year high of $11.28. The stock’s 50-day moving average is $10.57 and its 200 day moving average is $10.75.

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.