BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) to Issue Monthly Dividend of $0.05 on September 1st

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 18th will be given a dividend of 0.05 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, August 18th.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

Shares of NYSE DMB opened at $10.74 on Friday. The firm has a 50 day moving average of $10.87 and a 200 day moving average of $10.89. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $9.89 and a 12-month high of $11.28.

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.