BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) announced a monthly dividend on Monday, December 30th,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.019 per share on Friday, January 31st. This represents a $0.23 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Wednesday, January 15th.
BNY Mellon Municipal Income has decreased its dividend payment by an average of 18.1% per year over the last three years.
BNY Mellon Municipal Income Stock Up 0.1 %
NYSE DMF traded up $0.01 during trading hours on Tuesday, reaching $7.10. The company’s stock had a trading volume of 40,606 shares, compared to its average volume of 60,383. The firm has a fifty day simple moving average of $7.23 and a 200-day simple moving average of $7.25. BNY Mellon Municipal Income has a 52 week low of $6.40 and a 52 week high of $7.52.
BNY Mellon Municipal Income Company Profile
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.
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