BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Get Free Report) declared a monthly dividend on Tuesday, June 2nd. Shareholders of record on Tuesday, June 16th will be paid a dividend of 0.05 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, June 16th.
BNY Mellon Municipal Bond Infrastructure Fund Trading Down 0.2%
Shares of DMB opened at $10.98 on Friday. The stock has a fifty day moving average price of $10.88 and a two-hundred day moving average price of $10.88. BNY Mellon Municipal Bond Infrastructure Fund has a 52-week low of $9.85 and a 52-week high of $11.28.
BNY Mellon Municipal Bond Infrastructure Fund Company Profile
BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) is a closed-end management investment company that primarily seeks to provide a high level of current income exempt from regular U.S. federal income tax. Trading on the New York Stock Exchange, the Fund offers investors exposure to a diversified portfolio of municipal securities financing public-purpose infrastructure projects.
The Fund generally invests at least 50% of its assets in investment-grade, tax-exempt bonds issued to support infrastructure initiatives such as transportation, water and sewer systems, public power, education facilities and other civic projects.
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