BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) to Issue Monthly Dividend of $0.05 on August 3rd

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Thursday, July 2nd. Shareholders of record on Friday, July 17th will be paid a dividend of 0.05 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, July 17th.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of DMB stock opened at $11.03 on Wednesday. BNY Mellon Municipal Bond Infrastructure Fund has a one year low of $9.85 and a one year high of $11.28. The company’s 50-day moving average is $10.97 and its 200 day moving average is $10.93.

About BNY Mellon Municipal Bond Infrastructure Fund

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.